Amazon.com Inc. is launching a new unit to distribute its movies and TV shows to media other than its Prime Video streaming service.
Amazon.com Inc. is launching a new unit to distribute its movies and TV shows to media other than its Prime Video streaming service.
Amazon MGM Studios Distribution will make the programming available for rent or purchase on other services and on planes. It will also license the broadcasts to foreign television networks.
Amazon MGM Studios Distribution will make the programming available for rent or purchase on other services and on planes. It will also license the broadcasts to foreign television networks.
The unit will leverage the company’s library of 4,000 movies and 17,000 TV episodes, including originals produced by the Amazon Studios division, such as Borat Subsequent Moviefilm and The Marvelous Mrs. Maisel, the company said in a release on Monday. The originals will be offered in other stores after their initial run on Prime Video.
The unit will leverage the company’s library of 4,000 movies and 17,000 TV episodes, including originals produced by the Amazon Studios division, such as Borat Subsequent Moviefilm and The Marvelous Mrs. Maisel, the company said in a release on Monday. The originals will be offered in other stores after their initial run on Prime Video.
After several years of committing their programming to their own streaming services, entertainment giants like Warner Bros. Discovery Inc. have licensed more of their content to third parties as a way to generate additional revenue.
After several years of committing their programming to their own streaming services, entertainment giants like Warner Bros. Discovery Inc. have licensed more of their content to third parties as a way to generate additional revenue.
Amazon’s move follows the company’s $8.5 billion acquisition last year of film studio Metro-Goldwyn-Mayer Inc., home of James Bond and other franchises.
Amazon’s move follows the company’s $8.5 billion acquisition last year of film studio Metro-Goldwyn-Mayer Inc., home of James Bond and other franchises.
Amazon is committing up to $1 billion to movies that will hit theaters, further evidence that new media companies are embracing traditional Hollywood distribution models.
Amazon is committing up to $1 billion to movies that will hit theaters, further evidence that new media companies are embracing traditional Hollywood distribution models.
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