Amazon

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Events

As Amazon grows, so does its eye on consumers

From what you buy online, to how you remember tasks, to when you monitor your doorstep, Amazon is seemingly everywhere. And it appears the company doesn't want to halt its reach anytime soon. In recent weeks, Amazon has said it will spend billions of dollars in two gigantic acquisitions that, if approved, will broaden its ever growing presence in the lives of consumers. The company is targeting two areas: health […]

today08/23/2022 2

Artist

Amazon closes $8.5B deal to acquire Hollywood studio MGM

Amazon has closed its $8.5 billion acquisition of Hollywood studio MGM, two days after European regulators said the deal "would not significantly reduce competition" in European markets. MGM is one of the oldest studios in Hollywood. The retail giant said in a blog post Thursday MGM has more than 4,000 film titles, 17,000 TV episodes and awards that will complement Prime Video and Amazon Studios' work. Amazon plans to draw […]

today03/17/2022 4

Entertainment

Amazon eyes 125K more hires, $18+ per hour average salary

Amazon is looking to offer an average starting wage of more than $18 per hour to fill some transportation and fulfillment roles, with some of the positions receiving up to $22.50 hourly. The wages are being offered so Amazon can try to fill an additional 125,000 local jobs throughout the U.S., on top of the 40,000 corporate and technology jobs it announced earlier this month. There's also sign-on bonuses of […]

today09/14/2021 9

Entertainment

Amazon to buy MGM, studio behind James Bond and ‘Shark Tank’

NEW YORK (AP) — Online shopping giant Amazon is buying MGM, the movie and TV studio behind James Bond, "Legally Blonde" and "Shark Tank," with the hopes of filling its video streaming service with more stuff to watch. Amazon is paying $8.45 billion for MGM, making it the company's second-largest acquisition after buying grocer Whole Foods for nearly $14 billion in 2017. The deal is the latest in the media […]

today05/27/2021 15

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