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Amazon.com To Produce Movies For Theatrical Release

Amazon Studios, the unit of Amazon.com based in Los Angeles which is developing original content for Amazon Prime Instant Video, said this morning that it is expanding into producing movies for theatrical release. According to Amazon, it will begin to produce and acquire original movies for theatrical release, with the intent of premiering those same movies just 4 to 8 weeks after theatrical release on Prime Instant Video. Amazon said its Amazon Original Movies team will be led by Ted Hope, who co-founded and ran Good Machine (Eat Drink Man Woman and Crouching Tiger, Hidden Dragon).