HomeBusinessReport: Amazon intends to devote $1 billion annually to producing films for...

Report: Amazon intends to devote $1 billion annually to producing films for theatres.

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  • Amazon intends to spend more than $1 billion annually on producing films for theatres.
  • According to the report, the corporation plans to create 12 to 15 films a year for theatrical release.
  • According to reports, the biggest e-commerce company in the world will first only distribute a few films in theatres in 2019 before gradually increasing its output.

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