Amazon Studios Is Now Officially Amazon MGM Studios
Amazon bought the legendary studio in March 2022
Pablo Iacoviello, director of monetization for local originals has revealed that Amazon Studios has rebranded as Amazon MGM Studios. The reveal came during a keynote speech on October 3 at a TV forum during Iberseries Plantino Industria in Madrid. Being to a Spanish audience, a lot of his speech was about how the company was committed to Spanish and Latin American original series and films, but that’s not quite for here. The program ran until October 6.
The rebrand is the next logical step after the platform giant launched Amazon MGM Studios Distribution in May, a worldwide international film and TV distribution unit that sells Amazon originals and MGM’s deep vault of titles. This is not an absorption of Metro-Goldwyn-Mayer. It is the merger of the studio’s parent company MGM Holdings into Amazon Studios, after Amazon bought MGM in March 2022.
MGM’s chief operating officer Chris Brearton has said "MGM has been responsible for the creation of some of the most well-known and critically acclaimed films and television series of the past century. We look forward to continuing that tradition as we head into this next chapter, coming together with the great team at Prime Video and Amazon Studios to provide audiences with the very best in entertainment for years to come.” It’s also worth noting Iacoviello did not rule out the use of product placement in their shows, “as long as they’re done organically,” he stressed.
Source: Variety