Amazon has swept up streaming rights to 40 films that screened the 2017 SXSW Film Festival — including “Most Beautiful Island,” the Grand Jury Award winner for narrative feature — saying it will pay out at least $1.9 million in upfront cash bonuses for the titles.
The ecommerce giant snagged the SXSW selections through Amazon Video Direct’s Film Festival Stars program, designed to be a streamlined, no-haggle way for independent filmmakers to get paid for digital distribution. Amazon acquired 15 films from this year’s Sundance Film Festival under the program; it extended a similar offer to entrants in the Tribeca Film Festival and plans to take it to the Toronto International Film Festival, too.
Since Amazon launched Avd a year ago, the company says users have streamed “billions of minutes” of content distributed through the program and Amazon has paid “tens of millions” of dollars in royalties to distributors, filmmakers and content creators across genres including independent films,...
The ecommerce giant snagged the SXSW selections through Amazon Video Direct’s Film Festival Stars program, designed to be a streamlined, no-haggle way for independent filmmakers to get paid for digital distribution. Amazon acquired 15 films from this year’s Sundance Film Festival under the program; it extended a similar offer to entrants in the Tribeca Film Festival and plans to take it to the Toronto International Film Festival, too.
Since Amazon launched Avd a year ago, the company says users have streamed “billions of minutes” of content distributed through the program and Amazon has paid “tens of millions” of dollars in royalties to distributors, filmmakers and content creators across genres including independent films,...
- 5/10/2017
- by Todd Spangler
- Variety - Film News
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