The world’s largest online retailer aims to make between 12 and 15 movies annually that will get a theatrical release, said the people, who asked not to be identified because the company is still sorting through its strategy.
MGM’s two top film executives, Michael DeLuca and Pam Abdy, left Amazon just a month after it acquired the company, and Amazon Studios chief Jennifer Salke has been looking for an executive to run the film business.
But Salke has taken control of the search for the job, which will now report to her instead of Hopkins. Salke went on a buying spree of her own at Sundance in 2019 after taking the helm of Amazon’s Hollywood operations.Founder Jeff Bezos has also pushed his Hollywood studio to develop and release more commercial material, which led to the recenta show starring Chris Pratt.
Theatres will welcome the new product from Amazon, whenever it comes. US ticket sales are down more than 33% from 2019, the last full year before the pandemic closed theaters.
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