Amazon to confirm unconditional approval for $8.5bn MGM takeover

Amazon MGM
Amazon is expected to confirm unconditional EU antitrust approval for the $8.5 billion acquisition of US movie studio MGM, according to a report by Reuters.
// Amazon is expected to confirm unconditional EU antitrust approval for the $8.5 billion acquisition of US movie studio MGM, according to a report by Reuters.

The move is expected to heat up the already competitive streaming service sector with rivals Netflix and Disney+.

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