EFENew York

Amazon has signed a deal to acquire historic Hollywood movie studio MGM for $8.45 billion, the companies said in a statement Wednesday.

Founded in 1924, Metro-Goldwyn-Mayer has a vast catalog of over 4,000 films including the James Bond series and 17,000 TV shows with modern-hits such as The Handmaid’s Tale and Vikings, the statement said. EFE