Amazon Studios said it will produce and acquire original movies for theatrical release and early-window distribution on Amazon Prime Instant Video starting in 2015.
Producer Ted Hope will lead Amazon Original Movies creative development. A vocal advocate for changing the way independent films are produced and distributed, he co-founded and ran production company Good Machine, which produced “Eat Drink Man Woman” and “Crouching Tiger, Hidden Dragon.” Earlier this month, Hope stepped down as CEO of Fandor, a streaming-video site specializing in indie and international titles.
According to Amazon, it expects to produce about 12 movies per year, indie-style projects with budgets ranging from $5 million to $25 million per title. Amazon said its original movies will premiere on Prime Instant Video in the U.S. just four to eight weeks after their theatrical debut — versus up to a year for regular windowing.
Amazon Studios to Produce Theatrical & Digital Films
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Amazon Studios to Produce Theatrical & Digital Films
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