Amazon is going to produce its own movies and release them in theaters

Amazon logoOn Monday Amazon said it would begin to produce and acquire feature films for theatrical release that it would then stream on Amazon Prime four to eight weeks after the theatrical debut. Amazon said its goal was to cut down the 39 to 52 weeks it usually takes for theatrical releases to make it to streaming services. Amazon, for its own part, said it planned to produce 12 movies a year.

The new model will challenge not only the entertainment industry, whose customers have grown to expect long windows between a movie's release and its availability on other mediums, but also its own competitors in the content streaming space. Netflix is the most well-known streaming service that also produces its own original content.

In an e-mail to the New York Times, Amazon Vice President Roy Rice described Amazon's upcoming films as “'indie' movies with budgets between $5 million and $25 million.” Amazon's announcement comes just after the company received a Golden Globe for a dark comedy television series called Transparent about a family whose father comes out as transgender. Filmmaker Woody Allen also recently made a deal with Amazon to create his first television series for the company.

Amazon идет в кинобизнес

According to Amazon's press release, Amazon Studios has at least four original series to debut in 2015:“Bosch, Hand of God, Red Oaks, and a kids series called Wishenpoof! in addition to its second season of Transparent. Hints about Amazon wanting to tackle feature films have floated around for a long time. As early as 2010, the company put up $2.7 million in awards for scripts and films.

Amazon's latest move is just one of many attempts by entertainment companies of all kinds to put more movies and TV online for monthly streaming fees. Earlier this year, Dish announced its own SlingTV, which will stream 12 stations including ESPN (with caveats, of course). HBO plans to offer a standalone streaming service this spring as well.

Source: Ars Technica

Tags: Amazon

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
Google is expanding the Pixel 3’s eSIM support to a few new countries
 
They are teaming up to create a digital identity solution to help protect consumers across the shopping
 
Qualcomm Technologies has shown on the path to commercialization of 5G
 
The move would further cement the desktop browser monoculture
 
The new OLEDs will be on display at CES 2019 in Las Vegas early next year
 
You can use a security key instead of having a code sent to your phone
 
Google's other mobile SDK is deemed ready for prime time
 
A new security protocol replacing the aging WPA2
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 /
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
 
 

News Archive

 
 
SuMoTuWeThFrSa
      1
2345678
9101112131415
16171819202122
23242526272829
3031     




Poll

Do you use microSD card with your phone?
or leave your own version in comments (11)