Amazon ventures into movie production

2015-01-20 17:49

Amazon Studios has announced that it will significantly expand into movie production by acquiring films for theatrical release and early-window streaming through its subscription service, Amazon Prime Instant Video. A key part of the new venture is to shrink what’s historically been a three-month window reserved for theaters, instead getting movies to its website four to eight weeks after theatrical release.

The announcement marks a new foray into the movie business for the online retail giant, which has in recent years developed a slate of TV series since Amazon Studios launched in 2010. Most recently, its acclaimed “Transparent” won two Golden Globe awards, including best comedy or musical series.

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