MGM Employees Offered Contract Extensions As Amazon Fold-Up Takes Shape – The Dish

deadline.com:

EXCLUSIVE: The process of integrating MGM into the broader Amazon universe is starting to gain momentum eight months after the $8.5B sale by the tech giant was completed.

Deadline understands that employees across MGM’s television and film business who have contracts have been offered one-year extensions as Amazon begins to bring the vaunted Hollywood studio inside its entertainment division.

This follows the first step in combining the workforces which involved looking at the executive levels within Amazon Studios and MGM and aligning the structures at the two companies.

The new contracts for MGM staffers, who could opt out, go through December 31, 2023 when they would become at-will Amazon employees, sources tell Deadline.