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Will 'No Time To Die' Go Directly To Amazon Prime? Here Is The Answer Hollywood
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Will 'No Time To Die' Go Directly To Amazon Prime? Here Is The Answer

BY SACNILK

Los Angeles, May 26, 2021: In a landmark deal, Amazon.com Inc., an American tech giant, has bought the iconic Hollywood movie studio, MGM (Metro-Goldwyn-Mayer) for a massive sum of $8.45 billion, on Wednesday. ## The new deal between Amazon and MGM will add a vast collection of Hollywood classics and franchises to Amazon's mix. MGM boasts a film library of around 4,000 titles and 17,000 hours of TV programming, including the Bond, Rocky/Creed, and The Hobbit film franchises.## Meanwhile, the billion-dollar deal came at a time when the 25th installment in the James Bond film series - No Time to Die, is only a few months away from its worldwide theatrical release. The question, however, arises whether "No Time To Die" will release in theaters or it will go directly to Amazon Prime Video. ## Well, there is some breather for cinemas in this regard as longtime James Bond producers Barbara Broccoli and Michael G. Wilson are determined to keep the Bond franchise on the big screen in the wake of mega deal. ## "We are committed to continuing to make James Bond films for the worldwide theatrical audience", Broccoli and Wilson said in a statement out of London, where they run Bond home Eon Productions, according to The Hollywood Reporter. ## No Time To Die, after being delayed numerous times because of the pandemic, is set to hit theaters on October 8 (USA) this year (the Amazon-MGM deal won't likely be closed then). MGM subsidiary United Artists Releasing is distributing the highly anticipated tentpole domestically, while Universal Pictures International is handling overseas duties.## Directed by Cary Joji Fukunaga, the movie features Daniel Craig in his final turn as 007. It also stars Rami Malek, Lashana Lynch, Ana de Armas, Léa Seydoux, Ben Whishaw, Naomie Harris, Jeffrey Wright, Christoph Waltz, among others in pivotal roles. ## Stay tuned...

Iconic MGM Film Studio Sold To Amazon For $8.45 Billion In A Landmark Deal Hollywood
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Iconic MGM Film Studio Sold To Amazon For $8.45 Billion In A Landmark Deal

BY SACNILK

California, May 18, 2021: Amazon.com Inc., an American tech giant, has bought the iconic movie studio MGM (Metro-Goldwyn-Mayer) for a massive $8.45 billion in a landmark deal, according to The Hollywood Reporter.. ## MGM, a nearly century-old Hollywood company, behind the James Bond series, also owns the Epix cable channel and makes TV shows, including popular shows like The Handmaid's Tale, Fargo, Vikings, and Shark Tank, would help bolster Amazon's Prime streaming service. ## "The real financial value behind this deal is the treasure trove of IP in the deep catalog that we plan to reimagine and develop together with MGM's talented team. It's very exciting and provides so many opportunities for high-quality storytelling", said Mike Hopkins, senior VP of Prime Video and Amazon Studios, in announcing the acquisition. ## The new deal between Amazon and MGM will add a vast collection of Hollywood classics and franchises to Amazon's mix. MGM boasts a film library of around 4,000 titles and 17,000 hours of TV programming, including the Bond, Rocky/Creed, and The Hobbit film franchises. ## Amazon and MGM both had earlier declined to comment on the development. The report says that the deal is orchestrated by Amazon Studios and Prime Video senior vice president Mike Hopkins, along with MGM board chairman Kevin Ulrich.## MGM has been seen as a takeover target for years but was never able to close a sale. It was earlier reported that MGM is in talks with Apple, and Netflix about taking its new James Bond film directly to streaming. However, the company said last year that it's committed to a theatrical release for the film, which is currently slated for Oct. 8 in the U.S.## In December last year, Reuters reported that the movie studio was exploring a sale and had tapped investment banks Morgan Stanley and LionTree LLC and started a formal sale process.## Stay tuned...