MGM
Amazon Nears Deal to Buy Hollywood Studio MGM
Amazon.com Inc. AMZN 1.46% is nearing a deal to buy the Hollywood studio MGM Holdings for almost $9 billion, said people familiar with the matter, a pact that would turn a film operation founded in the silent era into a streaming asset for the e-commerce giant. An agreement could be announced as early as this …
MGM Resorts to sell Circus Circus for $825 million, to lease back Bellagio
The MGM Resorts International Bellagio Resort & Casino stands in Las Vegas, Nevada. Bridget Bennett | Bloomberg | Getty Images MGM Resorts International announced two deals Tuesday expected to bring in billions in cash, as it looks to fortify its balance sheet in the event of an economic downturn. “We want to make sure — …
MGM Studios deploys groundbreaking media distribution technology | Industry Trends
MGM Studios has been announced as one of Eluvio’s initial customers in a deployment that has expanded significantly over the course of the summer. Formally introduced by CEO Michelle Munson at IBC 2019, Eluvio Content Fabric bypasses the need for a traditional content delivery network (CDN) by providing a global software overlay network that enables …
MGM Agrees to Pay Las Vegas Shooting Victims Up to $800 Million
MGM Resorts International has agreed to pay up to $800 million to settle lawsuits from victims of the October 2017 mass shooting in Las Vegas that left 58 people dead and hundreds of others injured. The killer, Stephen Paddock, holed up inside his room on the 32nd floor of the Mandalay Bay hotel, which MGM …
