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Amazon's MGM Deal May Be a Real Estate Coming Attraction for Streaming Entertainment Providers

Planned $8.5 Billion Acquisition of Film, TV Library Adds to LA Real Estate Expansion by Major Producers
Global film and TV producer and distributor MGM is headquartered in this office building in Beverly Hills, California. (CoStar)
Global film and TV producer and distributor MGM is headquartered in this office building in Beverly Hills, California. (CoStar)
CoStar News
May 27, 2021 | 1:43 AM

Amazon’s planned $8.5 billion acquisition of MGM, its biggest bet yet on streaming entertainment, signals that demand for soundstages and production real estate across the nation is likely to become more charged as the need for additional content grows.

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