Amazon announced that they would be getting into the feature film business, and in doing so, are looking to completely change the way media – particularly films that would typically be ‘hits’ in theatre – and making them available online just a short time after their release. The company notes that they would likely wait just three weeks from the theatrical release, and then launch the movie online, as well. For Prime users, the movies would show up on Instant Video queues just four to eight weeks after theatrical release.
Amazon will be calling their venture “Amazon Original Movies,” and will be working to compete more directly with Netflix, HBO, or AMC, who all are coming up with more compelling original content than Amazon has been able to produce, thus far. The Original Movies team will be led by Ted Hope, who had...
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