Amazon and MGM announced today their deal has closed. The storied, nearly century-old studio — with more than 4,000 film titles, 17,000 TV episodes, 180 Academy Awards, and 100 Emmy Awards — is now part of Amazon “and will complement Prime Video and Amazon Studios’ work in delivering a diverse offering of entertainment choices to customers,” read the announcement.

This morning’s news means the U.S. Federal Trade Commission declined, as expected, to sue to block the merger or impose conditions on the historic deal which comes just as another mega-combo of WarnerMedia and Discovery gets set to close in April. The FTC deadline passed overnight.

MGM will join Amazon Studios and streaming service Prime Video, led by Amazon’s Mike Hopkins. No news on management structure in terms of how the two studios will fit together. An Amazon spokesperson said the digital giant is planning to make offers and welcome all of MGM’s current employees.

It’s early yet with the deal just closed this morning but here’s what else could be gleaned from the Amazon rep:

-In terms of production, Amazon is excited by MGM’s slate and doesn’t anticipate changes in release dates or on projects that are in progress.

-Amazon is not planning to make all MGM content exclusive to Prime Video.

-On theatrical, Amazon intends to continue supporting theatrical release, not as a one-size-fits-all proposition but something to be determine case by case.

-There are no plans to make changes to the Bond franchise.

Amazon And MGM Close Merger – Deadline

But what about the rumored Goldeneye re-release/remaster Amazon???

I know many won't be exclusive to Prime Video, but can we assume most of these titles will be on Prime? If so that streaming service just got so much better.

"Bezos just bought it so he could legally stop people calling him a Bond villain." --Reddit

^This, but wasn't that bald parasitic tax cheat stepping down from his slave labor enterprise?

Could provide a much-needed lift for Prime as far as movies go. They have some incredible original shows but are lacking in the movie department, especially when counting newer titles.

Looking at MGM's list of franchises, I see they own Stargate, which produced three of my favourite sci-fi TV shows. Would love Amazon to fund a proper new Stargate TV series.

It'll also be convenient to have MGM's entire back library and future releases on Prime.