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.
On August 3, 2026, MGM's second-quarter results showed record revenue and operating strength, though profit conversion remains a debated point for the $11.73 billion market capitalization company. Previously, on July 30, MGM reported consolidated revenue increasing 1% year-on-year to $4.5 billion for the three months ended June 30, amidst the backdrop of a potential takeover by Barry Diller’s People Inc. Also on July 30, MGM graduated its inaugural Arts & Culture Docent Training Programme, with over 120 primary and secondary school students completing the initiative aimed at nurturing future arts and culture ambassadors. Earlier on July 30, takeover negotiations for MGM intensified, leading the company to establish a special board committee and appoint financial advisers to manage the process. This followed reports indicating that two billionaires are seeking to take MGM and Caesars private, a move that would place 25 Nevada resorts into private hands and reduce public scrutiny and financial reporting obligations.
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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