Wednesday, May 2, 2012

Amazon Studios expands into TV series, looks to load up on content for streaming

Amazon Studios expands into TV series, looks to load up on content for streaming

Amazon has had a content development division for some time but today it's announced plans to expand from just movies to developing (and distributing, via its Instant Video service) original comedy and children's series. The new focus follows the competition like Netflix and Hulu which have both dived headlong into developing original TV show-style content that mirrors the content consumers seem to gravitate towards on streaming services. According to the press release Amazon Studios is willing to option one "promising project" per month for $10k and pay $55k to a creator if their series is selected for distribution.

Engadget, Amazon Studios expands into TV series, looks to load up on content for streaming

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