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Amazon.com Inc on Wednesday bought MGM, the legendary American film studio behind the James Bond franchise, for $ 8.45 billion, in what will be its second largest acquisition of all time as the giant e-commerce is sinking into several sectors.
The deal opens up a vast library of blockbuster movies and TV shows for Amazon, including “The Handmaid’s Tale,” “Vikings” and “Shark Tank,” and further strengthens its Prime video streaming service.
The e-commerce giant’s announcement comes more than a week after AT&T, owner of HBO and Warner Bros. studios, and Discovery, which is home to lifestyle television networks such as HGTV and TLC, announced they would combine their content to form an autonomous global network. entertainment and media in a $ 43 billion deal.
Here’s a timeline of Amazon’s biggest deals over the past 20 years:
2020 – Agrees to purchase California autonomous driving startup Zoox Inc in a deal valued at over $ 1 billion that gives it the ability to use autonomous technology in ridesharing or in its delivery network . (https://reut.rs/3oWjNBG)
2019 – Agrees to acquire a 49% stake in a unit of Indian group Future which owns 7.3% of Future Retail, giving the US-based company a 3.58% stake in the retailer that operates more of 1,500 stores in the country. (https://reut.rs/3hSVpz6)
2018 – Accepts to purchase video doorbell maker Ring, in a growing gamble on delivery of packages to buyers’ homes and home security. (https://reut.rs/3yHMuXc)
2018 – Agrees to acquire a small online pharmacy PillPack, an initiative to compete with drugstore chains, drug distributors and pharmacy benefit managers. (https://reut.rs/34jglrb)
2017 – Says he would buy Whole Foods Market Inc for $ 13.7 billion, in what was his biggest deal to date. (https://reut.rs/3wwQ1Wv)
2017 – Agreement reached to purchase Middle Eastern online retailer Souq.com. Financial terms were not disclosed. (https://reut.rs/3ui71yb)
2017 – Company subsidiary agrees to purchase rupee 1.79 billion ($ 27.6 million) stake in Indian retailer Shoppers Stop Ltd (https://reut.rs/3vlL4ji)
2014 – Captures the Twitch Interactive live gaming network for approximately $ 970 million in cash. (https://reut.rs/3yxMCZD)
2012 – Agrees to purchase robotic technology company Kiva Systems Inc for $ 775 million in cash. (https://reut.rs/3yBMPL3)
2010 – Acquires online shopping site owner Diapers.com and Soap.com, Quidsi, for $ 500 million. (https://reut.rs/3wDhhD3)
2009 – Pays around $ 928 million to acquire online shoe retailer Zappos.com. (https://reut.rs/3wypjgc)