MGM, formally known as Metro-Goldwyn-Mayer Studios, is an American company headquartered in Beverly Hills, California, functioning as a tier 1 media tech buyer. Owned by Amazon through MGM Holdings, the company was founded on April 17, 1924, and employs approximately 4720 individuals. It reported $1.5B in revenue as of 2024. MGM specializes in broadcast television and radio, alongside its operations as a film, television production, distribution, and media company.

2024 Revenue

Founded

1924

Headcount

4,720

Headquarters

US

Primary Segment

Broadcast television and radio

Ownership

Privately Owned

News Summary:

MGM believes its Osaka integrated resort could eventually compete with Las Vegas Sands' Marina Bay Sands on profitability, which currently operates as the world's most profitable casino, according to a report on March 14, 2026. On March 11, MGM sought approval for a new type of gaming salon at Park MGM, designed as a private area for high rollers and celebrities to gamble out of public view. Earlier, on March 5, MGM participated in a business delegation event where an Emporium representative highlighted potential for Macau and Thailand to deepen cooperation in tourism and nightlife. This follows analysts' expectations on March 1 for Macau's gross gaming revenue (GGR) to grow over 10% in March due to post-Chinese New Year flowthrough, after January visitor arrivals to Macau remained steady year-on-year at 3,647,328, with same-day visitors increasing by 4.6%. Previously, on February 28, the POLY MGM MUSEUM unveiled an immersive experience bringing the Tang Dynasty to life, aligning with MGM's focus on cultural tourism and introducing traditional Chinese culture.

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MGM offers 2 products in the media and telecoms services industry. MGM's product portfolio comprises of media and TV services and broadcast television and radio.
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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 Dolby Laboratories, Deluxe and Avid.

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