Amazon Nears Purchase Of MGM Studios For Approximately $9 Billion

Watch VideoAmazon is in talks to buy MGM Studios — the company behind titles like "The Wizard of Oz," the James Bond franchise, "The Hobbit" and "Legally Blonde" — for $9 billion. 

The deal, if approved, would be one of Amazon's largest acquisitions since its $13.7B purchase of Whole Foods in 2017. In March, Amazon also...