The pay-tv giant has the chance to turn popular films into ‘universes’ of stories – and steal a march in the content-hungry streaming warsAmazon’s $8.5bn deal to buy MGM, the Hollywood studio behind James Bond, The Handmaid’s Tale and Gone With the Wind, has secured it the rights to a century’s worth of TV and film titles that the streaming giant intends to exploit with a wave of remakes, reimaginings and spin-offs.The deal to buy the 97-year-old Metro-Goldwyn-Mayer, which has an immense library of 4,000 film titles and 17,000 hours of TV programming, is designed to supercharge Amazon’s content pipeline, which is the lifeblood of any competitor in the global battle for streaming supremacy.
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