Shulou(Shulou.com)11/24 Report--

According to news in the morning of May 9, Beijing time, Amazon has set up a new department to open movies and TV dramas to other streaming platforms and cable networks.

Amazon Studios (Amazon Studios) is a division of Amazon that specializes in movies, TV dramas and other programming. In the future, whether it is Amazon movies, TV or original programs, other platforms can be rented or purchased.

Amazon has set up a new division called Amazon MGM Studios Distribution to license programs to television networks outside the United States. MGM Studios is MGM Pictures, which has been acquired by Amazon. The new department is headed by Chris Ottinger, who was previously in charge of MGM's distribution.

For original shows, Amazon is also prepared to sell them as Syndication (Joint Feed), or as a license to traditional cable networks and other streaming services. In the past, entertainment giants such as Disney and Warner Brothers Discovery preferred to keep exclusive content and refused to provide it to the outside world, but they have changed their attitudes in order to increase licensing revenue.

Amazon acquired MGM for $8.5 billion last year, acquiring a lot of movie content.

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