AtSourcer | Amazon Studios Commits to Theatrical Releases | #amazon #entertainment #film
John Ware Junior
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Amazon Studios announced that they will be releasing 8-15 films in theaters per year. With the recent purchase of MGM Studios for $8.4 billion, they have the infrastructure start in 2023. Exhibitor stocks AMC, Imax, Cinemark and Marcus all rose in price.
Reference Links
- https://deadline.com/2022/11/amazon-theater-stocks-mgm-1235181115/
- https://www.thewrap.com/movie-theater-stocks-rebound-amazon-theatrical-release/
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2022-11-30
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