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Amazon makes 'indie' movie production bet

It is aiming to produce close to 12 movies a year for theatrical release which would then be available on its Prime video service within two months
Wednesday, January 21, 2015 - 05:50
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Amazon has hired Ted Hope, a producer of independent movies including "Crouching Tiger, Hidden Dragon" and Academy Award-nominated "Eat Drink Man Woman", to spearhead its effort to create digital entertainment content .

New York

AMAZON.COM Inc is making a high-stakes foray into the challenging realm of independent movies, the latest step in its attempt to move beyond simply distributing digital entertainment content to creating it.

Amazon said on

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