Amazon will jump into movies

Amazon is taking on the silver screen, planning to acquire original movies for theatrical release and early-window distribution on its Prime Instant Video service. Feature films will not be available online the day of their theatrical release, but instead be available to Prime subscribers four to eight weeks after. According to The Hollywood Reporter, the Amazon Original Movies division will be lead by former Good Machine co-founder Ted Hope, who also was most recently the CEO of indie film streaming service Fandor. The company expects to release 12 original movies every year. Amazon’s main competitor Netflix, previously announced that it was planning to produce 10-14 movies a year and currently holds a deal with Adam Sandler to make four movies to debut exclusively on the service.

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