Magazine article Screen International

Amazon in Talks with US Studios over Co-Financing Movies, Say Reports

Magazine article Screen International

Amazon in Talks with US Studios over Co-Financing Movies, Say Reports

Article excerpt

Streaming giant could partner with Sony and Paramount.

Amazon has held talks with US studios including Sony and Paramount about potentially co-financing films in exchange for streaming rights on its Prime Video Service, according to a report in Bloomberg.

Sources said the talks, which are at an early stage, focused on Amazon offering funds for development and production. No agreements have been reached.

Screen has reached out to Amazon for comment.

The streaming giant is currently in the midst of a film and TV revamp after the appointment of Jennifer Salke as Amazon Studios head in February.

Current Sony properties include Hotel Transylvania, Jumanji and Spider-Man, whilst Paramount distributes Mission: Impossible and A Quiet Place, which is set for a sequel. …

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