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@1025theblock
#Amazon is making some major moves! The company says it will buy MGM Studios for $8.45 billion and "hopes to leverage MGM’s storied filmmaking history and wide-ranging catalog of 4,000 films and 17,000 TV shows to help bolster Amazon Studios, its film, and TV division," according to CNBC. Jeff Bezos also announced he will step down as the CEO to become the executive chair of the company on the specific date of July 5. "We chose that date because it's sentimental for me, the day Amazon was incorporated in 1994, exactly 27 years ago," Bezos said. • • #TrendingTopics w/ GoAngie on the morninghustleshow 📻

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