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===Amazon subsidiary=== [[File:MGM 2021.svg|right|thumb|The corporate monogram print logo of MGM used from 2021 to 2024. It remains in use, however, for the studio's licensed physical media releases and as the logo of [[MGM+]].]] In December 2020, MGM began to explore a potential sale of the studio, with the [[COVID-19 pandemic]] and the domination of streaming platforms due to the closure of movie theaters as contributing factors. The company hired [[Morgan Stanley]] and LionTree Advisors to handle the process on behalf of the studio.<ref>{{cite news |last1=Shafer |first1=Ellise |title=MGM Is Exploring a Sale of Its Studio |url=https://variety.com/2020/film/news/mgm-holdings-sale-james-bond-1234868114/ |access-date=December 21, 2020 |work=Variety |date=December 21, 2020 |language=en |archive-date=December 6, 2021 |archive-url=https://web.archive.org/web/20211206080106/https://variety.com/2020/film/news/mgm-holdings-sale-james-bond-1234868114/ |url-status=live }}</ref><ref>{{cite news |last1=Sweney |first1=Mark |title=Hollywood studio MGM puts itself up for sale at $5bn |url=https://www.theguardian.com/business/2020/dec/22/hollywood-giant-mgm-puts-itself-up-for-sale-at-5bn |access-date=December 22, 2020 |work=The Guardian |date=December 22, 2020 |language=en |archive-date=December 6, 2021 |archive-url=https://web.archive.org/web/20211206082226/https://www.theguardian.com/business/2020/dec/22/hollywood-giant-mgm-puts-itself-up-for-sale-at-5bn |url-status=live }}</ref> On May 17, 2021, online retail and technology company [[Amazon (company)|Amazon]] entered negotiations to acquire the studio. The negotiations were made directly with MGM board chairman Kevin Ulrich whose [[Anchorage Capital Group]] is a major shareholder.<ref>{{cite news |last1=Spangler |first1=Todd |title=Amazon Said to Make $9 Billion Offer for MGM |url=https://variety.com/2021/digital/news/amazon-mgm-acquisition-talks-9-billion-1234975168/ |access-date=May 17, 2021 |work=Variety |date=May 17, 2021 |language=en |archive-date=January 7, 2022 |archive-url=https://web.archive.org/web/20220107163401/https://variety.com/2021/digital/news/amazon-mgm-acquisition-talks-9-billion-1234975168/ |url-status=live }}</ref><ref>{{cite news |last1=Toonkel |first1=Jessica |title=Amazon Pondering Deal to Buy MGM |url=https://www.theinformation.com/articles/amazon-pondering-deal-to-buy-mgm |access-date=May 17, 2021 |work=The Information |date=May 17, 2021 |language=en |archive-date=December 22, 2021 |archive-url=https://web.archive.org/web/20211222110253/https://www.theinformation.com/articles/amazon-pondering-deal-to-buy-mgm |url-status=live }}</ref> On May 26, 2021, it was officially announced that MGM would be acquired by Amazon for $8.45 billion, subject to regulatory approvals and other routine closing conditions; with the studio continuing to operate as a label under Amazon's existing content arm, complementing [[Amazon Studios]] and [[Amazon Prime Video]].<ref name="auto"/> On March 15, 2022, Amazon secured an unconditional [[European Union]] (EU) antitrust approval for its proposed acquisition of MGM.<ref>{{cite web |title=Amazon wins EU antitrust nod for $8.5 billion MGM deal |url=https://uk.finance.yahoo.com/news/amazon-wins-eu-antitrust-nod-163311503.html |access-date=March 15, 2022 |website=uk.finance.yahoo.com |date=March 15, 2022 |language=en-GB |archive-date=August 8, 2022 |archive-url=https://web.archive.org/web/20220808170248/https://uk.finance.yahoo.com/news/amazon-wins-eu-antitrust-nod-163311503.html |url-status=live }}</ref> On February 8, 2022, [[Paul Thomas Anderson]]'s ''[[Licorice Pizza]]'' became the studio's first fully produced, marketed and distributed film to be nominated for the Academy Award for Best Picture in 33 years, after 1988's ''[[Rain Man]]''.<ref>{{cite web |author=Nancy Tartaglione |url=https://deadline.com/2022/02/mgm-future-oscars-michael-de-luca-pam-abdy-interview-1234929534/ |title=MGM Michael De Luca & Pam Abdy Interview: Oscar Nominations, Future |publisher=[[Deadline Hollywood]] |date=February 9, 2022 |access-date=February 13, 2022 |archive-date=February 9, 2022 |archive-url=https://web.archive.org/web/20220209232052/https://deadline.com/2022/02/mgm-future-oscars-michael-de-luca-pam-abdy-interview-1234929534/ |url-status=live }}</ref> On March 17, Amazon finalized the merger.<ref>{{cite web |last=Goldsmith |first=Jill |date=March 17, 2022 |title=Amazon And MGM Close $8.5 Billion Merger |url=https://deadline.com/2022/03/amazon-mgm-merger-1234981037/ |access-date=March 17, 2022 |website=Deadline |language=en-US |archive-date=March 17, 2022 |archive-url=https://web.archive.org/web/20220317133832/https://deadline.com/2022/03/amazon-mgm-merger-1234981037/ |url-status=live }}</ref> Later that day, Amazon Studios and Prime Video SVP Mike Hopkins revealed that Amazon would continue to partner with United Artists Releasing, which would remain in operation to release all future MGM titles theatrically on a "case-by-case basis," while "all MGM employees will join my organization." It was also revealed that Amazon had no plans to make changes to the studio's production slate and release schedules nor make all MGM content exclusive to Prime Video, providing some hope that the studio would operate autonomously from Amazon Studios. These plans are expected to not impact the future of the James Bond franchise and its creative team. Two [[Town hall meeting|town halls]] further detailing MGM's future post-merger took place on March 18, which included one for MGM employees and one for Amazon Studios/Prime Video employees.<ref>{{cite web |author=Mike Fleming Jr |url=https://deadline.com/2022/03/amazon-mgm-mike-hopkins-town-hall-memo-1234981242/ |title=Amazon-MGM Town Hall Scheduled For Tomorrow; Mike Hopkins Presages Upcoming Mesh β Deadline |publisher=[[Deadline Hollywood]] |date=March 17, 2022 |access-date=March 19, 2022 |archive-date=March 17, 2022 |archive-url=https://web.archive.org/web/20220317190108/https://deadline.com/2022/03/amazon-mgm-mike-hopkins-town-hall-memo-1234981242/ |url-status=live }}</ref> Both revealed the new interim reporting structure as part of Amazon's "phased integration plan", which would involve De Luca, [[Mark Burnett]] (Chairman of [[MGM Worldwide Television]]) and [[Chief operating officer|COO]] Chris Brearton reporting to Hopkins on behalf of the studio.<ref>{{cite web |author=Nellie Andreeva |url=https://deadline.com/2022/03/mike-hopkins-integration-changes-interim-reporting-structure-mgm-amazon-1234982307/ |title=Amazon's Mike Hopkins Stresses "Phased Approach To Integration Changes", Details Interim Reporting Structure In Memo To MGM Staff β Deadline |publisher=[[Deadline Hollywood]] |date=March 18, 2022 |access-date=March 19, 2022 |archive-date=March 19, 2022 |archive-url=https://web.archive.org/web/20220319160929/https://deadline.com/2022/03/mike-hopkins-integration-changes-interim-reporting-structure-mgm-amazon-1234982307/ |url-status=live }}</ref> On March 22, the studio made its first post-merger acquisition with [[Luca Guadagnino]]'s ''[[Bones and All]]'', for which the studio purchased the global distribution rights.<ref>{{cite web|url=https://deadline.com/2022/03/timothee-chalamet-bones-and-all-luca-guadagnino-mgm-amazon-1234984057/|title=MGM Takes Global On Luca Guadagnino-TimothΓ©e Chalamet Feature Reteam 'Bones And All'|website=Deadline Hollywood|first=Anthony|last=D'Alessandro|date=March 22, 2022|access-date=March 22, 2022|archive-date=March 22, 2022|archive-url=https://web.archive.org/web/20220322170115/https://deadline.com/2022/03/timothee-chalamet-bones-and-all-luca-guadagnino-mgm-amazon-1234984057/|url-status=live}}</ref> On April 27, 2022, it was announced that De Luca and Abdy would leave the studio for Warner Bros. A few months later, in August, it was announced MGM and Warner Bros. had signed a multi-year pact to distribute MGM's titles internationally outside North America, both theatrically in international territories and on home video worldwide, beginning with ''Bones and All'' and ''[[Creed III]]''. The deal however excludes the films ''[[Till (film)|Till]]'', ''[[Women Talking (film)|Women Talking]]'', and MGM's 26th James Bond film, which would be distributed by [[Universal Pictures]], with whom MGM had an international distribution deal earlier.<ref>{{Cite web | url=https://deadline.com/2022/04/mgm-mike-de-luca-pam-abdy-leaving-mgm-studio-folds-into-amazon-1235011024/ | title=MGM Shakeup: Mike de Luca & Pam Abdy Leaving as Studio Enters Amazon Fold; Read Exit Memos | date=April 27, 2022 | access-date=April 27, 2022 | archive-date=April 27, 2022 | archive-url=https://web.archive.org/web/20220427164323/https://deadline.com/2022/04/mgm-mike-de-luca-pam-abdy-leaving-mgm-studio-folds-into-amazon-1235011024/ | url-status=live }}</ref><ref>{{cite web | url=https://deadline.com/2022/08/warner-bros-mgm-international-distribution-deal-james-bond-007-1235091889/ | title=Warner Bros Forms Multi-Year Pact to Distribute MGM Movies Overseas Beginning with 'Bones and All', 'Creed III'; How Bond Will be Handled | date=August 14, 2022 | access-date=August 14, 2022 | archive-date=August 15, 2022 | archive-url=https://web.archive.org/web/20220815015706/https://deadline.com/2022/08/warner-bros-mgm-international-distribution-deal-james-bond-007-1235091889/ | url-status=live }}</ref><ref>{{cite web | url=https://variety.com/2022/film/box-office/warner-bros-mgm-international-theatrical-distribution-1235341060/ | title=Warner Bros. To Release MGM Movies Internationally, Except for 'Bond 26' | date=August 14, 2022 | access-date=August 15, 2022 | archive-date=August 15, 2022 | archive-url=https://web.archive.org/web/20220815004006/https://variety.com/2022/film/box-office/warner-bros-mgm-international-theatrical-distribution-1235341060/ | url-status=live }}</ref> On November 30, 2022, it was announced that Jennifer Salke, head of Amazon Studios, would be given full control of MGM's film and television divisions, with Brearton stepping down as COO to become the Vice President of PVS Corporate Strategy for [[MGM+]] and MGM Alternative Television.<ref>{{cite news|url=https://www.hollywoodreporter.com/tv/tv-news/amazons-jennifer-salke-gains-control-of-mgm-film-tv-operations-1235272055/|title=Amazon's Jennifer Salke Gains Control of MGM Film, TV Operations|work=The Hollywood Reporter|access-date=November 30, 2022|archive-date=November 30, 2022|archive-url=https://web.archive.org/web/20221130144110/https://www.hollywoodreporter.com/tv/tv-news/amazons-jennifer-salke-gains-control-of-mgm-film-tv-operations-1235272055/|url-status=live}}</ref> On March 4, 2023, it was revealed that Amazon had shut down United Artists Releasing's operations and folded it into MGM, amid the decision to release Amazon Studios' ''[[Air (2023 American film)|Air]]'' into theaters instead of Prime Video amidst 2024 Oscar buzz. This made ''[[Creed III]]'' the first film released and distributed by MGM itself under the new parent company instead of UAR.<ref>{{Cite web |url=https://www.hollywoodreporter.com/movies/movie-news/creed-iii-box-office-opening-1235340591/ |title=Box Office: 'Creed III' Wins Title with Series-Best $51M Opening β the Hollywood Reporter |website=[[The Hollywood Reporter]] |access-date=March 4, 2023 |archive-date=March 4, 2023 |archive-url=https://web.archive.org/web/20230304165729/https://www.hollywoodreporter.com/movies/movie-news/creed-iii-box-office-opening-1235340591/ |url-status=live }}</ref> On March 22, 2023, longtime MGM distribution head Erik Lomis died.<ref>{{cite news|url=https://deadline.com/2023/03/erik-lomis-dead-movie-distribution-executive-mgm-1235307199/|title=Erik Lomis Dies: Veteran MGM Distribution Chief Was 64|first=Anthony|last=D'Alessandro|publisher=Deadline Hollywood|date=March 22, 2023|accessdate=March 22, 2023|archive-date=March 22, 2023|archive-url=https://web.archive.org/web/20230322220125/https://deadline.com/2023/03/erik-lomis-dead-movie-distribution-executive-mgm-1235307199/|url-status=live}}</ref> In May 2023, Amazon Studios created Amazon MGM Studios Distribution, an international [[Film distribution|film and television distribution]] unit for both MGM and Amazon projects. The first MGM films from the new distributor were ''[[Saltburn (film)|Saltburn]]'', which premiered at the [[Telluride Film Festival]] on August 30, 2023, and ''[[Sitting in Bars with Cake]]'', which was released on Prime Video on September 8, 2023.<ref>{{Cite web |last=Whittock |first=Jesse |date=May 8, 2023 |title=Amazon MGM Studios Distribution To Launch At LA Screenings |url=https://deadline.com/2023/05/amazon-mgm-studios-distribution-la-screenings-1235356076/ |url-status=live |archive-url=https://web.archive.org/web/20230508180524/https://deadline.com/2023/05/amazon-mgm-studios-distribution-la-screenings-1235356076/ |archive-date=May 8, 2023 |access-date=May 10, 2023 |website=[[Deadline Hollywood]]}}</ref> On October 4, 2023, Pablo Iacoviello, Amazon's director of monetization for local originals, announced at the TV forum Iberseries & Platino Industria in [[Madrid]] that Amazon Studios would be renamed to Amazon MGM Studios itself to reflect this.<ref name=":2">{{Cite web |url=https://variety.com/2023/tv/global/amazon-mgm-studios-argentina-1985-1235743542/ |title=Amazon Studios Now Called Amazon MGM Studios, Executive Pablo Iacoviello Reveals in Iberseries Keynote |date=October 3, 2023 |last=de la Fuente |first=Anne Marie |work=[[Variety (magazine)|Variety]] |access-date=October 3, 2023 |archive-date=October 4, 2023 |archive-url=https://web.archive.org/web/20231004015846/https://variety.com/2023/tv/global/amazon-mgm-studios-argentina-1985-1235743542/ |url-status=live }}</ref> On September 17, 2023, Orion Pictures' ''[[American Fiction (film)|American Fiction]]'' earned the studio its first win for the [[Toronto International Film Festival People's Choice Award|People's Choice Award]] at that year's [[2023 Toronto International Film Festival|Toronto International Film Festival]].<ref>{{cite web | url=https://deadline.com/2023/09/american-fiction-wins-toronto-film-festival-peoples-choice-award-oscar-harbinger-1235548676/ | title='American Fiction' Wins Toronto Film Festival's People's Choice Award β Oscar Harbinger? | date=September 17, 2023 }}</ref> In January 2024, Amazon announced hundreds of layoffs across Amazon MGM Studios, Prime Video and [[Twitch (service)|Twitch]] in order to "prioritize our investments for the long-term success of our business, while relentlessly focusing on what we know matters most to our customers," according to Mike Hopkins.<ref>{{cite web | url=https://www.hollywoodreporter.com/business/digital/amazon-cuts-hundreds-of-jobs-prime-video-mgm-studios-layoffs-1235784340/ | title=Amazon Cutting Hundreds of Jobs at Prime Video and Amazon MGM Studios | website=[[The Hollywood Reporter]] | date=January 10, 2024 | access-date=January 11, 2024 | archive-date=January 11, 2024 | archive-url=https://web.archive.org/web/20240111125128/https://www.hollywoodreporter.com/business/digital/amazon-cuts-hundreds-of-jobs-prime-video-mgm-studios-layoffs-1235784340/ | url-status=live }}</ref> In March 2024, beginning with the Prime Video release of the remake of ''[[Road House (2024 film)|Road House]]'', the studio kicked off the [[Centennial|centennial anniversary]] celebration of its founding, with a "100 Years" logo variant appearing on titles produced by MGM throughout the year. In April 2024, the studio, in collaboration with [[Fandango at Home]], [[Rotten Tomatoes]] and [[iTunes]], offered customers a "100 Essential Movies" bundle of 100 films from its library as part of their centennial for a limited time.<ref>{{cite web | url=https://www.broadwayworld.com/bwwtv/article/Fandango-at-Home-and-Rotten-Tomatoes-Celebrate-MGM-with-100-Film-Collection-20240417 | title=Fandango at Home and Rotten Tomatoes Celebrate MGM with 100 Film Collection }}</ref> In September 2024, Amazon MGM Studios and Prime Video became the seventh member of the MPA, marking MGM's return to membership for the first time since 2005.<ref>{{cite web|title=MPA Adds Amazon Prime Video and MGM Studios As Newest Member|website=[[Deadline Hollywood]]|first=Ted|last=Johnson|date=19 September 2024|access-date=19 September 2024|url=https://deadline.com/2024/09/mpa-amazon-prime-video-mgm-studios-member-1236094096/}}</ref>
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