Amazon Studios has relied on traditional distribution practices to foster greater collaboration with gatekeepers in Hollywood. However, after playing second fiddle to Netflix for the better part of a decade, Amazon is changing its theatrical strategy stateside.
After two years of running Legendary Entertainment into the ground, China’s Wanda Group is exploring a sale of the once great production company.
A mysterious document that appeared on social media in China places all of Wanda’s Hollywood acquisitions in jeopardy.
Mismanagement of Sony’s film unit over the years has propelled the studio into a downward spiral. Sony is under pressure by investors to sell the film unit.