Welcome to Hollywood: Amazon Is Going to Produce Unique Films

Amazon goes Hollywood. The corporate stated Monday that it’ll produce and purchase unique films for launch in theaters and thru its premium streaming video service. Amazon Studios — the unit behind the Golden Globe-profitable comedy collection "Clear" — plans to premiere flicks on Prime Prompt Video simply "four to eight weeks" after their theatrical debut, the corporate stated in a press launch.

The corporate plans to "create near 12 films a yr," stated Roy Worth, the vice chairman of Amazon Studios. Amazon stated artistic improvement on the films will probably be led by veteran unbiased movie producer Ted Hope. The transfer ramps up the competitors between Amazon and Netflix, which has already launched an unique films unit and plans to debut a sequel to Ang Lee’s "Crouching Tiger, Hidden Dragon" later this yr.

Welcome to Hollywood: Amazon Is Going to Produce Original MoviesLEON NEAL / AFP – Getty Pictures
Amazon says greater than 10 million new members worldwide tried its Prime subscription service for the primary time in the course of the present vacation season.

IN-DEPTH

— Daniel Arkin
First revealed January 19 2015, eight:01 AM