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CNBC: Movie theater stocks pop after report says Amazon plans to spend $1 billion on releases

Posted by: Antibody on Nov 23, 10:50 in response to notfabio's post Bloomberg via Investing: Amazon planning to spend $1...

https://www.cnbc.com/2022/11/23/amazon-to-spend-1-billion-on-theatrical-releases-boosting-cinema-stocks.html

Bloomberg via Investing: Amazon planning to spend $1 billion yearly on films for theatrical release in theatres 12-15 a year. notfabio Nov 23, 09:47

big if true {nm} donny blaze Nov 23, 10:20

what are they going to make outside of BOND & ROCKY? MGM already tried rebooting their IPs like ROBOCOP and CARRIE and it didnt work {nm} Moviesnob Nov 23, 10:39

New IPs like Red One. {nm} Antibody Nov 23, 10:57

which could pivot to theatrical. {nm} Antibody Nov 23, 10:57

also, talented suits from WB that Zaslav fired are still looking to land their next gig. hire smart people with good taste donny blaze Nov 23, 11:11

Good taste means zilch. You need established IPs. There are no more movie stars {nm} Moviesnob Nov 23, 11:56

Lionsgate invented an new IP franchise from a RJOHN spec pitch. it can be done if you commit to the process {nm} donny blaze Nov 23, 14:45

IPO Red One time! Depends on how tightly their cross promotional campaign is already planned with a Prime Video release. notfabio Nov 23, 11:21

Nov 10 is open. Thanksgiving only has WISH. {nm} Antibody Nov 23, 11:29

DUNE likely has a two week lock on large format, HUNGER GAMES also likely will for one week at least. But one or the other could move. notfabio Nov 23, 11:31

they picked up Sue Kroll from Warners, assumedly for a reason donny blaze Nov 23, 11:29

What were Amazon and MGM/UA spending separately before? {nm} Antibody Nov 23, 10:25

Not that much, 2019 was Creed 2, The Addams Family (animated), Fighting With My Family. {nm} notfabio Nov 23, 10:34

Did they fully fiance JB25, that cost $250M before all the delays. {nm} Antibody Nov 23, 10:37

I think so? Apparently it''s "at least 1 billion" but most "new" or rebooted studios claim they will produce 12-15 films a year/fall short {nm} notfabio Nov 23, 10:40

I think realistically they could probably hit 6-8 by 2025 unless they just pump out a lot of otherwise STV projects that get 2 week runs. {nm} notfabio Nov 23, 10:43

Amazon bought CTAM2 for $125M, Tomorrow War for $200M. {nm} Antibody Nov 23, 10:32

CNBC: Movie theater stocks pop after report says Amazon plans to spend $1 billion on releases Antibody Nov 23, 10:50

The spent $1b on LOTR prequel season 1. Likely have to spend similar amount on S2. If that's = entire annual movie budget ... {nm} Tallwonder Nov 23, 11:13

* They {nm} Tallwonder Nov 23, 11:13

They are slashing costs on S2 (they moved production to the UK from New Zealand), it's still going to be expensive, but not nearly as much. notfabio Nov 23, 11:23

That includes acquisition costs no? Actual production spend is less iirc {nm} MattW Nov 23, 12:20





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