Apple and Amazon's Billion-Dollar Movie Gamble for the Big Screen.

1 min read
Source: Variety
Apple and Amazon's Billion-Dollar Movie Gamble for the Big Screen.
Photo: Variety
TL;DR Summary

Apple and Amazon are reportedly investing billions in producing movies for exclusive theatrical releases to promote their respective streaming services. The move also helps to attract top talent and get big-budget movies into the black. For theater owners, it's encouraging news as they struggle to recover from the pandemic. However, there's also an inherent risk as audiences have become pickier, and quality content and effective marketing are necessary to cut through the noise and get people to show up.

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