Who Owns MGM?
MGM is owned by Amazon.com Inc., a publicly traded American multinational technology company founded by Jeff Bezos in 1994. MGM operates as Amazon's film and television entertainment division. Amazon trades on NASDAQ under AMZN and is headquartered in Seattle, Washington, USA.
Parent Company
Amazon.com Inc.
Acquired
2021
Status
Publicly Traded
Headquarters
Beverly Hills, California, USA
Who Owns MGM?
- Parent Company: Amazon.com Inc.
- Ownership Type: Wholly owned
- Acquisition Year: 2021
- Company Type: Publicly Traded
- Stock Ticker: NASDAQ: AMZN
| Brand | Parent Company | Ownership Type |
|---|---|---|
| MGM | Amazon.com Inc. | Wholly owned |
History of MGM
- Founded: 1924
- Founders: Marcus Loew, Louis B. Mayer
- Acquired by Amazon.com Inc.: 2021
MGM (Metro-Goldwyn-Mayer) was founded on April 17, 1924, through the merger of three film companies: Metro Pictures, Goldwyn Pictures, and Louis B. Mayer Pictures. The merger was orchestrated by Marcus Loew, the owner of Loew's Theatres, who wanted to secure a reliable supply of films for his theater chain. Louis B. Mayer was appointed head of production, a role he would hold for over two decades.
Under Louis B. Mayer's leadership, MGM became the most glamorous and prestigious studio in Hollywood during the 1930s and 1940s. The studio's motto, "Ars Gratia Artis" (Art for Art's Sake), and its iconic roaring lion logo became symbols of Hollywood excellence. MGM's roster of stars included Clark Gable, Greta Garbo, Joan Crawford, Spencer Tracy, Katharine Hepburn, and dozens of other legendary actors.
MGM produced some of the most celebrated films in cinema history during this period, including The Wizard of Oz (1939), Gone with the Wind (1939, co-produced with Selznick International), Ben-Hur (1959), and numerous musicals featuring Judy Garland and Gene Kelly. The studio was known for its lavish productions, high production values, and star-making machinery.
The studio system began to decline in the 1950s as the Supreme Court forced studios to divest their theater chains (in the Paramount Decree), television competed for audiences, and the star system eroded. MGM struggled to adapt to the changing entertainment landscape and went through a series of ownership changes.
Kirk Kerkorian, a Las Vegas businessman, acquired MGM in 1969 and sold off much of the studio's assets, including its famous props and costumes. Kerkorian bought and sold MGM multiple times over the following decades, and the studio changed hands repeatedly through the 1980s and 1990s.
Ted Turner acquired MGM in 1986 primarily to obtain its film library, which he used to launch Turner Classic Movies (TCM) and colorize classic black-and-white films. Turner sold most of MGM back to Kerkorian but retained the film library, which became the foundation of Turner's cable television empire.
MGM filed for Chapter 11 bankruptcy in 2010, weighed down by debt from previous acquisitions. The studio emerged from bankruptcy in 2010 under new ownership and continued to produce films, including the James Bond franchise (which MGM co-owns with Eon Productions) and the Hobbit trilogy (co-produced with Warner Bros.).
In May 2021, Amazon announced its acquisition of MGM for $8.45 billion, one of the largest entertainment acquisitions in history. The deal closed in March 2022 after regulatory review. Amazon's primary motivation was MGM's extensive content library of approximately 4,000 film titles and 17,000 television episodes, which would bolster Amazon Prime Video's content offering.
About Amazon.com Inc.
What does Amazon own?
Amazon owns a large portfolio of brands and businesses including Amazon Marketplace, AWS, Prime Video, Kindle, Alexa, Echo, Whole Foods Market, Ring, Twitch, Audible, Amazon Music, MGM, IMDb, One Medical, Amazon Pharmacy, Zappos, Wondery, and Eero, among others. See the full brand index for a complete list.
Is Amazon publicly traded?
Yes. Amazon trades on NASDAQ under the ticker symbol AMZN. The company has been publicly traded since its IPO in May 1997.
Who founded Amazon?
Amazon was founded by Jeff Bezos on July 5, 1994, in Bellevue, Washington. Bezos served as CEO until July 2021, when Andy Jassy succeeded him. Bezos remains executive chairman and the largest individual shareholder.
Where is Amazon headquartered?
Amazon is headquartered in Seattle, Washington. The company also has a significant presence in the Washington, D.C. area through its HQ2 campus in Arlington, Virginia, which opened in 2023.
Who owns Amazon?
Amazon has no controlling shareholder. Jeff Bezos is the largest individual shareholder and serves as executive chairman. Institutional investors including Vanguard, BlackRock, and State Street are among the largest economic shareholders through index fund holdings.
What is Amazon's revenue?
For full-year 2025, Amazon reported net sales of $716.9 billion, up 12% year over year, with operating income of $80.0 billion and net income of $77.7 billion. AWS full-year 2025 revenue was $128.7 billion, up 20% year over year.
What is AWS?
Amazon Web Services is Amazon's cloud computing division, providing infrastructure, platform, and AI services to businesses, governments, and organizations globally. AWS is the world's largest cloud infrastructure provider. Full-year 2025 AWS revenue was $128.7 billion with operating income of $45.6 billion.
What antitrust cases is Amazon facing?
The U.S. Federal Trade Commission filed an antitrust lawsuit against Amazon in September 2023, alleging that Amazon illegally maintains monopoly power over online retail and third-party marketplace services. The case was ongoing as of February 2026. Amazon also reached a settlement with the EU in 2022 over allegations related to its use of third-party seller data.
- Founded: 1994
- Headquarters: Seattle, Washington, USA
- Company Type: Publicly Traded
- Stock: NASDAQ: AMZN
- Revenue: $716.9 billion (FY2025)
- Employees: Approximately 1.56 million
Where Is MGM Made / Based?
- Headquarters: Beverly Hills, California, USA
- Manufacturing / Operations: United States, Global (film and television production)
MGM Sustainability & Ethics
MGM operates under Amazon's comprehensive sustainability framework, which integrates environmental responsibility, ethical business practices, and social impact across film and television production operations. As a major entertainment studio, MGM focuses on sustainable production practices and responsible content creation.
Environmental Sustainability in Film Production: MGM participates in Amazon's broader sustainability initiatives in entertainment production. The studio implements environmentally responsible production practices including reduced energy consumption on film sets, sustainable sourcing of materials, waste reduction programs, and carbon footprint monitoring during filming and production processes.
Sustainable Studio Operations: MGM's production facilities in Beverly Hills and other locations incorporate energy-efficient lighting, renewable energy sources where possible, and comprehensive waste management programs. The studio has implemented water conservation measures and sustainable procurement practices for production equipment and supplies.
Green Production Practices: MGM has adopted industry-standard green production guidelines for film and television production, including the use of renewable energy generators on set, digital script distribution to reduce paper waste, and comprehensive recycling programs for production materials and set construction.
Digital Transformation and Environmental Impact: MGM leverages digital technologies including virtual production, digital effects, and cloud-based post-production systems that reduce the environmental impact of traditional film production methods. These digital workflows decrease travel requirements and physical resource consumption.
Workplace Diversity and Inclusion: MGM benefits from Amazon's comprehensive diversity and inclusion programs, which promote representation across on-screen talent, behind-the-camera crews, production teams, and corporate leadership. The studio supports diverse storytelling and inclusive casting practices that reflect global audiences.
Ethical Content Standards: MGM maintains ethical content standards aligned with Amazon's media policies, ensuring appropriate age ratings, content warnings, and responsible programming decisions. The studio follows industry best practices for content creation while preserving artistic expression and creative freedom.
Community Engagement: MGM participates in community outreach programs, film education initiatives, and partnerships with cultural institutions that promote film education and access to entertainment opportunities for underserved communities.
Awards & Recognition
MGM has received extensive recognition throughout its nearly 100-year history as one of Hollywood's most prestigious film studios, with numerous Academy Awards, Golden Globes, and other industry accolades for its film and television productions.
Academy Awards Recognition: MGM has won over 200 Academy Awards throughout its history, including multiple Best Picture winners such as "Ben-Hur" (1959), "Gigi" (1958), "An American in Paris" (1951), and "Mrs. Miniver" (1942). The studio's films have received thousands of Oscar nominations across all categories, establishing MGM as one of the most decorated studios in Academy history.
Golden Globe Awards: MGM productions have received numerous Golden Globe Awards, particularly for musical films and dramatic productions. The studio's films have been consistently recognized by the Hollywood Foreign Press Association for excellence in filmmaking.
Technical Innovation Awards: MGM has been recognized for pioneering technical innovations in cinema, including advancements in sound technology, color film processes, widescreen formats, and special effects. The studio's technical achievements have been acknowledged by industry organizations and film preservation societies.
Television Industry Recognition: MGM Television has received Emmy Awards and other television industry recognition for quality programming, particularly for dramatic series, miniseries, and made-for-television movies produced under the MGM banner.
Film Preservation Honors: MGM has been recognized by film preservation organizations for its efforts in restoring and preserving classic films from Hollywood's golden age. The studio's film restoration work has been acknowledged by the Academy Film Archive and other preservation institutions.
Industry Leadership Recognition: MGM executives and creative talent have received numerous industry honors for their contributions to entertainment, including lifetime achievement awards from various film organizations and industry guilds.
Cultural Impact Recognition: MGM's iconic film franchises including James Bond, Rocky, and The Pink Panther have been recognized for their significant cultural impact and enduring popularity across generations of movie audiences worldwide.
MGM Recalls & Controversies
MGM has faced several significant controversies and challenges throughout its history, including financial difficulties, ownership changes, and industry disruptions that have tested the studio's resilience and adaptability.
Financial Difficulties and Bankruptcy (2010): MGM filed for Chapter 11 bankruptcy protection in November 2010 after struggling with approximately $4 billion in debt following the 2008 financial crisis and declining DVD sales. The bankruptcy reorganization resulted in creditors taking ownership of the studio, marking a significant downturn for the once-dominant Hollywood studio.
Ownership Controversies: MGM has experienced multiple ownership changes that have created uncertainty about the studio's direction and creative independence. The 2010 bankruptcy and subsequent ownership by hedge funds and investment firms led to concerns about corporate oversight versus creative freedom.
Content Licensing Disputes: MGM has faced legal challenges regarding content licensing rights, particularly disputes over digital streaming rights for classic films and television series. These conflicts have arisen as the entertainment industry has transitioned from traditional distribution to digital platforms.
Amazon Acquisition Integration Challenges: Following Amazon's $8.45 billion acquisition of MGM in 2021, the studio faced integration challenges including cultural differences between a traditional Hollywood studio and a technology company, as well as concerns about creative independence under corporate ownership.
Franchise Management Controversies: MGM has faced criticism regarding management of its major franchises, particularly the James Bond series, with debates over creative direction, casting decisions, and distribution strategies that have sometimes divided fans and industry observers.
Production Safety Incidents: Like all major film studios, MGM has experienced production-related safety incidents and workplace issues on film sets, leading to scrutiny of safety protocols and working conditions in film production.
Competitive Market Pressures: MGM has faced ongoing challenges in the highly competitive entertainment market, competing against larger studios with greater resources and newer streaming platforms with different business models that have disrupted traditional film distribution.
Content Appropriateness Debates: Some MGM productions have faced controversies regarding content appropriateness, cultural representation, and social impact, reflecting broader industry discussions about responsible content creation and audience sensitivities.
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MGM Ownership: Pros & Cons
Advantages
- +Iconic film franchises with global recognition and value (James Bond, Rocky, etc.)
- +Integration with Amazon's streaming and distribution capabilities
- +Strong content library with classic and contemporary films
- +Access to Amazon's financial resources and technology infrastructure
- +Established brand recognition in entertainment industry
Considerations
- -Competition from other film studios and streaming services
- -Changing viewing habits toward streaming and on-demand content
- -Dependency on Amazon's corporate strategy and priorities
- -Challenges in theatrical film distribution and box office performance
- -Balance between theatrical releases and streaming content strategy
Frequently Asked Questions About MGM
Sources & Further Reading
- MGM Studios Official Website -
- Amazon Corporate Sustainability Report -
- Amazon Investor Relations -
- Academy Awards Database -
- Golden Globe Awards Official Records -
- Film Preservation Society Resources -- Classic film preservation organizations
- Hollywood Reporter Archives -- Industry publication archives
- Variety Entertainment Industry Reports -- Film industry analysis
- Entertainment Industry Trade Publications -- Production and distribution analysis
- Film History Organizations -- Hollywood studio historical resources
- SEC Filings -- Amazon and MGM corporate documents
Where to Buy
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Competitive Analysis
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