In the latest round of merger mania, Amazon is in talks to buy the studio MGM, according to report in The Information on Monday.
Citing a person familiar with the situation, The Information reported the deal could be anywhere between $7 and $10 billion.
If a sale were to happen, it would represent Amazon’s biggest play in the content game after years of speculation that the retail giant was in the market for acquisitions. In December, MGM hired Morgan Stanley and LionTree LLC to launch a formal sale process.
Reps for both MGM and Amazon declined to comment on what each company described as “rumors and speculation.”