Metro-Goldwyn-Mayer Studios, also known as MGM, is a privately owned media company owned by Amazon through MGM Holdings, headquartered in Beverly Hills, California. Founded in 1924, with approximately 4,720 employees, the company reported $1.5 billion in revenue as of 2024. It functions as a tier 1 media tech buyer, specializing in film, television production, distribution, and broadcast television and radio.

2024 Revenue

Founded

1924

Headcount

5,005

Headquarters

United States

Primary Segment

Broadcast television and radio

Ownership

Privately Owned

News Summary:

Macau’s six casino concessionaires collectively contributed MOP$40 million (US$4.95 million) to relief efforts in Gyirong County, Tibet, on September 5, 2026, following a severe mudslide on August 26 that killed at least 1,290 people. Previously, on September 1, MGM announced a lineup of celebrity chefs and bartenders, including José Andrés, David Chang, Mario Carbone, Jean-Georges Vongerichten, Masaharu Morimoto, and Maneet Chauhan, for the Bellagio Fountain Club during the 2026 Formula One Las Vegas Grand Prix. Earlier, on August 26, BetMGM revealed upcoming upgrades to its sportsbook, notably a new “My Bets” feature allowing bettors to manage open wagers directly from the home screen, distinguishing it from rival sportsbooks. This followed news from August 25 that People Inc.'s investment in MGM had grown to exceed its own market capitalization, with People Inc. holding 66.8 million shares, representing a 26.8% equity stake in MGM.

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MGM offers 2 products in the media and telecoms services industry. MGM's product portfolio comprises of broadcast television and radio and media and TV services.
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MGM's revenues were over $1B in 2024. Caretta Research has split MGM's revenue into 2 different product categories, the largest of which is linear (thematic channel groups). For full access to MGM's revenue breakdown subscribe to Caretta Portal.
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Examples of MGM's suppliers include Samsung Device eXperience, Deluxe and Dolby Laboratories.

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