Amazon Will License Original Series And Movies to Other Media Companies

While the company has distributed shows before, this new venture will be on a much larger scale.

Soon Amazon Video’s original content will be available to third-party media companies, including streaming services (free, ad-supported, or subscription) and cable TV.

The recently launched “Amazon MGM Studios Distribution” will, in fact, allow the company to license titles such as The Marvelous Mrs. Maisel, Borat Subsequent Moviefilm, Coming 2 America, Goliath, Hunters, The Tender Bar, The Tomorrow War, The Voyeurs, and Without Remorse, to other media outlets following their initial run on Prime Video. It will also allow the company to handle sales of MGM-owned franchises James Bond, Rocky, and Creed, as well as The Handmaid’s Tale, Fargo, and Vikings.

Last year, Amazon acquired MGM for $8.5 billion, giving the company access to more than 4,000 films and 17,000 TV series. “The launch of Amazon MGM Studios Distribution reinforces our commitment to bringing the very best content to audiences everywhere worldwide,” Jen Salke, Amazon Studios head, said in a statement. “With the integration of MGM, we wanted to take advantage of the existing team to expand our business in ways that will greatly benefit our customers worldwide.”

Later this month, Amazon MGM Studios Distribution will debut at the international TV marketplace “LA Screenings.” In April, the company announced plans to bring hundreds of Amazon Original titles to its ad-supported free streaming service “Amazon Freevee.”

Source: TechCrunch