You are here

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

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...

Market voices on: