Amazon MGM Studios, formerly Amazon Studios, is an American film and televisionproduction and distribution studio owned by Amazon. It was launched in 2010. It took its current name in May 2023 following its merger with MGM Holdings, which Amazon had acquired the year prior.[3]
Alongside Amazon Prime Video, the company constitutes one half of Amazon's membership in the Motion Picture Association (MPA), which it joined on October 1, 2024.
Overview
Formation and early success (2010–2021)
Scripts for television and films used to be submitted online to Amazon[5] and read by staff; however, the website states they no longer accept submissions. Amazon aimed to review submitted scripts within 90 days (although the process may be longer). If a project was chosen for development, the writer was paid $10,000.[6] If a developed script was selected for distribution as a full-budget movie, the creator was paid $200,000; if it was selected for distribution as a full-budget series, the creator was paid $55,000 as well as "up to 5 percent of Amazon's net receipts from toy and t-shirt licensing, and other royalties and bonuses."[7]
In 2010 Amazon Studios started allowing people to submit screenplays, which Amazon Studios and its customers would vote on. The top scriptwriters were told that they would earn cash prizes. This was named as "the scientific studio" by Jeff Bezos. This program stopped eight years later as submitted scripts were of low quality.[12]
Amazon Studios also released its only comic-book series, Blackburn Burrow, in 2012 as a free download.[13] It contained a survey allowing Amazon to collect feedback to determine whether or not it was worthwhile to make the comic into a film.[13]
Amazon Studios had received more than 10,000 feature screenplay submissions as of September 2012[13] and 2,700 television pilots as of March 2013;[14] 23 films and 26 television series were in active development as of March 2013.[13][6] In late 2016, it reorganized its film division into Prime Movies.[15]
On July 27, 2017, it was announced that, starting with the December 2017 release Wonder Wheel, Amazon Studios would be its own self-distributing company. Previously, Amazon Studios had relied on multiple external studios to distribute their projects.[16] The company also acquired global TV rights to The Lord of the Rings for $250 million.[17] However, Amazon still has external distribution clients outside of the United States, such as Elevation Pictures in Canada, as well as Warner Bros. and StudioCanal in the United Kingdom and France.
In April 2018, Amazon Studios announced that they would no longer accept open submissions of screenplays to limit the filmmakers they work with to those whom the studio has established working relationships with and turn away up-and-comers from pitching their projects, deeming them as "unsolicited material" and "not notable and talented enough to work with them."[18]
Acquisition of MGM and rebranding (2021–present)
In May 2021, Amazon (parent company of Amazon Studios) entered negotiations to acquire Metro-Goldwyn-Mayer (MGM). On May 26, 2021, it was announced that the studio would be acquired by Amazon for $8.45 billion, subject to regulatory approval, continuing to operate as a label alongside Amazon Studios and Amazon Prime Video.[3] Amazon will continue to partner with United Artists Releasing (MGM and Annapurna Pictures' joint distribution venture), which will continue to operate and release MGM titles theatrically "on a case-by-case basis."
In August 2021, it was reported that Steven Prinz signed an overall TV deal and a first-look deal with the studio.[19] In September 2021, it was reported that Brian Otaño had signed a deal with Amazon Studios.[20] Also in September, Eddie Murphy had signed a first-look film deal with Amazon Studios.[21]
In January 2022, Westbrook signed a multi-year first-look deal with Amazon Studios. That same month, Amazon Studios signed a ten-figure deal with 87North Productions.
In November 2022, it was announced that Jennifer Salke, in addition to Amazon Studios, will be given full control of MGM's film and television divisions, with Brearton stepping down as COO to become the Vice President of PVS Corporate Strategy for MGM+ and MGM Alternative Television.[22]
In December 2022, Intrepid Pictures signed a multi-year overall television deal with Amazon Studios.[23] The studio is one of the largest employers in Culver City with roughly 2,700 staffing their headquarters and production facilities.[24] In January 2023, Critical Role Productions signed a multi-year overall television and first-look film deal with Amazon Studios.[25]
In March 2023, it was announced in response to the decision to release Air into theaters worldwide instead of Prime Video, that Amazon had shut down United Artists Releasing and folded the distributor's operations into MGM, making Creed III the first film to be distributed by the latter studio itself under Amazon's ownership.[26] Also in March, Joe Quesada signed an exclusive first-look deal with Amazon Studios, and the studio also signed a multi-year first-look film deal with Imagine Entertainment.[27][28]
In May 2023, Amazon Studios created Amazon MGM Studios Distribution, an international film and television distribution unit for Amazon and MGM projects.[29] The distributor's first films were Saltburn, which premiered at the Telluride Film Festival on August 30, 2023, Sitting in Bars with Cake, which was released on Prime Video on September 8, 2023, and A Million Miles Away which was released on Prime Video on September 15, 2023, all 3 films were released through the MGM banner.[30][31] On October 4, 2023, Pablo Iacoviello, the studio's director of monetization for local originals, announced at the TV forum Iberseries & Platino Industria in Madrid that Amazon Studios would merge with MGM Holdings and would be renamed to Amazon MGM Studios itself to reflect this. This would also result in the on-screen 2016 animated Amazon Studios logo designed by Monster Creative being retired, with all film productions going forward, as of September 2023, opening with the 2021 MGM Leo the Lion logo designed by Baked Studios.[32]
In December 2023, Amazon MGM Studios secured a deal with Games Workshop, the creator of Warhammer 40,000, to adapt its characters and stories for film and television. The agreement, involving British actor Henry Cavill as an executive producer and actor, enables Amazon MGM to produce Warhammer 40,000 themed movies and TV shows.[33] In January 2024, Amazon announced hundreds of layoffs across Amazon MGM Studios, Prime Video and Twitch in order to "prioritize our investments for the long-term success of our business, while relentlessly focusing on what we know matters most to our customers," according to Mike Hopkins.[34] In March 2024, beginning with the Prime Video release of the remake of Road House, Amazon MGM Studios kicked off the centennial anniversary celebration of the founding of MGM with a "100 Years" logo variant that will appear on all films produced and released by the studio throughout the year.
In April 2024, Amazon MGM, in collaboration with Fandango at Home, Rotten Tomatoes and iTunes, offered customers a "100 Essential Movies" bundle of 100 films from the MGM library as part of the studio's centennial for a limited time.[35] That same month, they signed a three-year first-look deal with Jake Gyllenhaal's Nine Stories Productions banner, for which they will have a first look on films the latter company intends to produce for theatrical and streaming releases, including a film adaptation of the musical Fun Home.[36]
In July 2024, the company announced the revival of United Artists after more than a decade of dormancy as a label, entering a multi-year partnership with Scott Stuber, former Chief of Film at Netflix and Vice Chairman at Universal Pictures. Under the deal, Stuber will produce films under his newly formed production company for United Artists, with Stuber involved with all projects released by the freshly revived banner.[37]
In September 2024, it was announced that Amazon MGM and Prime Video would join the MPA as its seventh member starting October 1, the second non-studio to do so after Netflix in 2019; this would also mark a return to the MPA for MGM after it lost membership in 2005 following a buyout led by Sony Pictures.[38]
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