|Published : 14 Apr 2017, 18:25:11|
Amazon plans to join Bollywood film industry
MUMBAI: Amazon is considering the option of joining Bollywood film industry.
The success of its video service in India encouraged it to take such decision.
Amazon, the e-commerce major has hired consultants with expertise in content, film distribution, and exhibition to create a blueprint for the proposed film studio, reports economictimes.
Roy Price, who heads the company’s content business and leads Amazon Studios, is in Mumbai this week, and has had meetings with multiple producers and content makers,
Amazon is bullish about content in India. They are spending huge money for originals as well as films.
The next natural progression is getting into film studio business, like the US. However, it is too early, they have just started working on it and it may take them over 6-9 months for actually announcing any plans,” said a source with direct knowledge of the development.