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Amazon Studios has tapped industry vet Courtenay Valenti to lead MGM’s film unit.
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The online retailer had a big box office hit with “Creed III,” which has already grossed $226 million globally. Amazon is giving a wide theatrical release to next month’s “Air” starring Ben Affleck and Matt Damon with the assumption that it will have a hefty window. Whether or not that number is accurate, we’re already seeing the fruits of the investment. Previously, Amazon was reported to be investing $1 billion toward getting more of its movies into theaters and raising the profile of the films before they hit streaming. Vin Diesel Goes Way, Way Off Script and 6 Other Things You May Have Missed at CinemaCon 2023Ī rep for Apple declined IndieWire’s request for comment. Paramount however, as Bloomberg notes, has not agreed to partner with Apple on any future releases. Bloomberg notes that Matthew Vaughn’s action- and spy-thriller “Argylle” with Henry Cavill and Ariana DeBose, and Ridley Scott’s “Napoleon” with Joaquin Phoenix, could also see a larger theatrical push.
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One candidate for such a major theatrical play is Martin Scorsese’s “ Killers of the Flower Moon,” already a co-release with its original studio Paramount Pictures.
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A new report in Bloomberg suggests that Apple will make its own major investment - to the tune of $1 billion - in original films that it can release into movie theaters.Īccording to Bloomberg, Apple has approached other studios about partnering on releases for some of the films on its slate this year and into the future, and the company has internally pledged to put movies into thousands of theaters with a window of at least a month. Amazon may not be the only streaming giant from the tech space making a big push into theatrical.
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