Amazon buys MGM studios – level 1

Amazon buys MGM studios

31-05-2021 15:00

Amazon buys MGM Studios. The price is $8.5 billion. MGM Studios makes many famous movies and TV shows, for example Rocky, James Bond, and the famous movie Silence of the Lambs.

With MGM Studios, Amazon wants to be stronger in the streaming world. Amazon already invested a lot of money and energy in the streaming services for movies and music in 2020.

Last week, HBO and Discovery became one company. It is another big change in the entertainment world.

Difficult words: streaming (when you watch a movie or a TV show over the Internet), invested (the past form of invest), became (the past form of become), entertainment (fun).

You can watch the original video in the Level 3 section.

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