• Amazon to spend $1B a year on theatrical movies

    13 days ago - By TheBoyGeniusReport

    While most content makers have been switching to streaming in recent years, partly because the pandemic made going to the movies challenging, Amazon is about to do the opposite. The company already operates its own streaming service, Prime Video, which is available via Amazon Prime. It's also the home of the expensive Lord of the Rings: Rings of Power TV show. But Amazon is reportedly looking to spend $1 billion yearly on movies that will premiere in theaters rather than online.
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