Who Owns MGM+?
MGM+ is owned by MGM (Metro-Goldwyn-Mayer), which is owned by Amazon. MGM+ was launched by MGM as a premium streaming service to complement their traditional cable offerings. Amazon is publicly traded on NASDAQ under the ticker symbol AMZN and is headquartered in Seattle, Washington, USA.
Parent Company
MGM (Metro-Goldwyn-Mayer)
Founded
2019
Status
Publicly Traded
Headquarters
Beverly Hills, California, USA
Who Owns MGM+?
- Parent Company: MGM (Metro-Goldwyn-Mayer)
- Ownership Type: Wholly owned
- Company Type: Publicly Traded
| Brand | Parent Company | Ownership Type |
|---|---|---|
| MGM+ | MGM (Metro-Goldwyn-Mayer) | Wholly owned |
History of MGM+
- Founded: 2019
- Founders: MGM (internal development)
MGM+ was launched in 2019 by MGM as a premium streaming service designed to complement MGM's traditional cable network and showcase the studio's extensive film library. The service was created to provide access to classic MGM films, original programming, and new releases in the streaming era.
The platform launched with a library of MGM's classic films including iconic titles from the Golden Age of Hollywood, along with original series and specials created specifically for the streaming service. MGM+ positioned itself as a premium destination for classic cinema and MGM-branded content.
Throughout 2020-2021, MGM+ expanded its content library with new original productions, restored classic films, and partnerships with other content providers. The service gained subscribers by offering exclusive access to MGM's film heritage and new programming.
Under Amazon's ownership, MGM+ has benefited from integration with Amazon's streaming technology and marketing resources while maintaining its focus on MGM's film library and classic cinema.
About MGM (Metro-Goldwyn-Mayer)
Who owns MGM?
MGM is wholly owned by Amazon.com, Inc. Amazon acquired MGM in March 2022 for approximately $8.45 billion. Amazon is publicly traded on NASDAQ under ticker AMZN.
Is MGM publicly traded?
No, MGM is not publicly traded as a separate entity. It is a wholly-owned subsidiary of Amazon. Investors can gain indirect exposure to MGM through Amazon (NASDAQ: AMZN) shares.
When was MGM founded?
MGM was founded on April 17, 1924, when theater chain owner Marcus Loew merged Metro Pictures, Goldwyn Pictures, and Louis B. Mayer Pictures to create one of Hollywood's most powerful studios.
What franchises does MGM own?
MGM's key franchises include James Bond (007), Rocky/Creed, The Pink Panther, Legally Blonde, Robocop, and Poltergeist, among others. The James Bond franchise is produced in partnership with Eon Productions, controlled by the Broccoli/Wilson family.
Why did Amazon buy MGM?
Amazon acquired MGM primarily for its content library of approximately 4,000 films and 17,000 television episodes, which strengthens Amazon Prime Video's content offering. Amazon also gained MGM's ongoing film and television production capabilities, the James Bond franchise, and the MGM+ premium streaming service.
What is MGM+?
MGM+ is MGM's premium cable and streaming service, formerly known as EPIX. It offers MGM's film library, original programming, and licensed content. MGM+ is available as a cable channel and as a streaming add-on through Amazon Prime Video Channels and other platforms.
- Founded: 1924
- Headquarters: Beverly Hills, California, USA
- Company Type: Publicly Traded
Where Is MGM+ Made / Based?
- Headquarters: Beverly Hills, California, USA
- Manufacturing / Operations: United States, Global (distributed operations)
MGM+ Ownership: Pros & Cons
Advantages
- +Access to MGM's extensive classic film library
- +Premium commercial-free entertainment experience
- +Integration with Amazon's streaming technology and resources
- +Exclusive original programming and restored classic films
- +Established brand recognition in classic cinema
Considerations
- -Subscription costs compared to ad-supported streaming options
- -Competition from larger streaming platforms with diverse content
- -Limited content library compared to major streaming services
- -Dependency on MGM's film catalog and production
- -Challenges in subscriber acquisition and retention
Frequently Asked Questions About MGM+
Where to Buy
Disclosure: We may earn commission from purchases
MGM+ on AmazonCompetitors to MGM+
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Lionsgate | USA | 1994 | Mass Market | North America | Male | |
| Bet | USA | 2019 | Mass Market | North America | Male | |
| Amazon | USA | 1995 | Mass Market | North America | All Genders | |
| Warner Bros Discovery | USA | 1972 | Mass Market | North America | All Genders | |
| Paramount Global | USA | 2013 | Mass Market | North America | Male | |
| Warner Bros Discovery | USA | 1994 | Mass Market | North America | Male |
Learn More About Competitors
STARZ
Owned by Lionsgate
Premium cable and streaming service offering original series, movies, and documentaries with commercial-free entertainment across multiple platforms.
BET+
Owned by BET (Black Entertainment Television)
Premium streaming service offering exclusive original series, movies, and specials from BET's content library, focusing on African American entertainment and culture.
Audible
Owned by Amazon.com Inc.
Audiobook and podcast streaming service offering exclusive content, original productions, and the world's largest selection of audiobooks across all genres.
HBO
Owned by Warner Bros. Discovery
American premium cable and satellite television network known for original programming, movies, and sports content.
Pluto TV
Owned by Paramount Global
Free ad-supported streaming television service offering hundreds of live channels and on-demand content across news, sports, movies, and entertainment genres.
TCM
Owned by Warner Bros. Discovery
American cable television network dedicated to classic films, cinema history, and film-related programming and documentaries.
Competitive Analysis
Market Positioning: MGM+ competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Jobs at MGM (Metro-Goldwyn-Mayer)
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