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MGM Completes $8.45 Billion Sale to Amazon
- Client News
- March 17, 2022
Paul, Weiss advised MGM in its sale to Amazon for $8.45 billion. MGM is a leading entertainment company focused on the production and global distribution of film and television content across all platforms. The company owns one of the world’s deepest libraries of premium award-winning film and television content, which will complement Prime Video and Amazon Studios’ work in delivering a diverse offering of entertainment choices to customers. MGM’s over 4,000 beloved film titles, including James Bond, Moonstruck, Rocky, Poltergeist and many other icons, and 17,000 television shows, including Fargo, The Handmaid’s Tale and Vikings, have collectively won more than 180 Academy Awards and 100 Emmys.
The Paul, Weiss team includes, among others, corporate partners Brian Lavin, Jeffrey Marell, Cullen Sinclair and David Huntington and counsel Jason Tyler; executive compensation partners Jarrett Hoffman and Lawrence Witdorchic and counsel Meghan Fox; litigation partners Aidan Synnott and Jay Cohen; intellectual property partner Charles Googe; tax partners Brian Krause and Jeffrey Samuels; real estate partner Peter Fisch; antitrust counsel Jared Nagley, Yuni Sobel and Marta Kelly; and environmental counsel William O'Brien.