"An Oscar would be really great for the filmmakers," Netflix Chief Content Officer Ted Sarandos said in an interview. Amazon acquired its first Sundance film, music documentary "Long Strange Trip," on Wednesday, and plans to release it to US and UK Prime subscribers in May. It hopes to partner with major distributors to score exclusive streaming rights to theatrical films. Netflix paid US$12 million in 2015 for the US$6 million war film "Beasts of No Nation." "Did people question Amazon paying US$10 million for the North American rights to "Manchester by the Sea" last year?

Source: Egypt Independent January 21, 2017 14:50 UTC