Going Viral: Amazon's Movie Theater Push

Amazon plans to spend over a billion dollars annually to produce 12-15 movies for theaters, marking the largest cinema commitment by an internet company. This move boosts theater stocks like AMC and Cinemark, as Amazon supports theaters unlike Netflix, which struggles with release strategies. Amazon's history includes acquiring films for theaters and buying MGM, showing its commitment to cinema despite declining ticket sales. The video discusses Amazon's impact on the film industry and its strategic differences from Netflix.

What is the annual budget Amazon plans to allocate for movie production aimed at theatrical release?

• 750 million dollars

• 2 billion dollars

• 1 billion dollars

• 500 million dollars

How many movies per year does Amazon plan to release in theaters?

• 5 to 8 movies

• 12 to 15 movies

• 10 to 12 movies

• 15 to 20 movies

Which company releases more movies annually, despite struggling with theater and streaming strategies?

• Netflix

• Hulu

• Amazon

• Disney+

What significant acquisition did Amazon make to enhance its film production capabilities?

• Universal Studios

• Paramount Pictures

• Warner Bros.

• MGM

Which Amazon TV series is mentioned as a notable success?

• The Boys

• The Marvelous Mrs. Maisel

• Rings of Power

• Jack Ryan