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The MGM deal is Amazon’s largest since the $13.7 billion purchase of Whole Foods in 2017. Photograph: Bloomberg

Amazon has agreed to buy MGM, the storied film studio behind James Bond and Rocky, for $8.45 billion (€6.9 billion), propelling media dealmaking so fa(...)

Jennifer Aniston and Steve Carell in a scene from The Morning Show on the Apple TV Plus streaming service. Photograph: Hilary B. Gayle/Apple TV Plus via AP

The reviews came in swift and harsh. “Dull, dreary and dubiously written,” declared USA Today. A “disappointing creation”, said Entertainment Weekly. (...)

Shares of Netflix traded down about 1 per cent at $355.02 in after-the-bell trading. File photograph: Lucy Nicholson/Reuters

Netflix Inc gave a weak forecast on Tuesday that unnerved investors just as Walt Disney Co and others prepare to escalate Hollywood’s streaming video(...)

Photograph: iStock

Hulu has bought back wireless carrier AT&T’s stake in the US entertainment streaming service for $1.43 billion, in a deal that values Hulu at $15 (...)