Amazon Moves From Film Industry’s Margins to the Mainstream
With several films competing for Golden Globes on Sunday and a number of high-priced movies coming this year, the streaming service has altered its reputation in Hollywood.
First he persuaded Universal Studios to allow him to shop his incomplete movie. Then he cobbled together an hour of footage. (The infamous scene with Rudolph W. Giuliani had yet to be filmed.) Hulu was interested. So was Netflix. But Amazon Studios was the one most committed to getting the movie out in time, no matter the cost.
“They broke every rule for us,” Mr. Cohen said in a phone interview. “There was a certain delivery schedule that they felt was necessary, and they halved that time. They realized the imperative of getting this out before the election. And they changed their procedures completely to help us do this. I’m really, really grateful.”
Those accolades, coupled with the cultural impact “Borat” has enjoyed across the globe, have significantly altered the perception of Amazon Studios’ film division in Hollywood and among Amazon’s more than 150 million Prime subscribers. (The studio, which does not disclose viewer numbers, will say only that tens of millions of subscribers watched “Borat.”)
Once a home for indie darlings such as “Manchester by the Sea” and “The Big Sick,” Amazon Prime Video is transforming itself into a place for commercial films with broad appeal that can travel internationally. It’s all part of Ms. Salke’s plan to turn Prime into a service people subscribe to for more than free shipping for their paper towels.
“We had seen firsthand, when Amazon gets behind a piece of content, just how big the muscle is that they are capable of flexing,” said David Ellison, chief executive of Skydance Media and the producer of Amazon’s “Jack Ryan” series. He recently sold the films “Without Remorse” and “The Tomorrow War” to Amazon. “With ‘Borat,’ they showed they could do that with films, too.”
Amazon has thrived in the last year, with profits increasing some 200 percent since the pandemic began. That success has extended to its film business. Like other streaming services, it has been able to snatch up big-budget, star-driven films that studios have been forced to shelve in response to the closing of movie theaters.
Netflix, Apple, Disney+ and Hulu have all benefited from the studios’ woes, but Amazon has been one of the most aggressive in acquiring new movies.
In January, the company made its biggest bet yet, paying $200 million to acquire the Chris Pratt-led action film “The Tomorrow War,” which Paramount was set to release. It stands as Amazon’s largest financial commitment in acquiring a feature film. The company hopes to debut it on Prime Video this summer.
“We don’t have a huge bench of big blockbuster movies in the works,” Ms. Salke said with a laugh. “So for us it was opportunistic to be able to lean into that.”
“It’s going to be really interesting over the next three years,” said Roeg Sutherland, one of the heads of media finance for Creative Artists Agency. “With platforms programming one new movie a week, this is fueling a competitive marketplace for high-end, independently financed films.”
At the Sundance Film Festival last month, Apple paid a record $25 million for rights to the independent film “Coda.”
Ms. Salke pushes back on the idea that her plans to broaden her offerings are a reaction to her competitors. Rather, she said, it’s the culmination of a strategy that began at the 2019 Sundance Film Festival, when as a newcomer to the film world she spent $46 million to acquire four films, including “Late Night” with Emma Thompson and Mindy Kaling, and the feel-good movie “Brittany Runs a Marathon.”
Before joining Amazon, Ms. Salke spent her career in television, shepherding hits like “Modern Family” and “Glee” at 20th Century Fox and “This Is Us” at NBCUniversal. After her Sundance shopping spree, she was mocked by some film insiders as an out-of-touch television executive overspending to acquire niche movies.
She was criticized for paying $13 million for “Late Night,” when it grossed $15.4 million at the box office. “Brittany Runs a Marathon” earned just $7 million. That commentary still seems to sting Ms. Salke, though she argues that she released the films theatrically only to appease the filmmakers. The movies’ real metric of success, she said, was how they played on the streaming service.
“Those movies all kept coming out as No. 1,” said Ms. Salke, referring to the films’ performances on Amazon Prime. “Every time we launched one, the next one would eclipse the next one. We were training our audience to know that we would have big original films that were more commercial on Prime Video. It’s a little bit of an ‘If you build it, they will come’ strategy.”
But what happens to that plan once the pandemic is over and studios are no longer willing to sell their movies to streaming platforms?
The Culver City, Calif., complex is still being built, and, if anything, investment has increased. Ms. Salke points to Aaron Sorkin’s upcoming film about Lucy and Desi Arnaz, starring Nicole Kidman and Javier Bardem, as a potential hit. There’s also George Clooney’s film “The Tender Bar,” starring Ben Affleck, and an L.G.B.T.Q. romantic drama, “My Policeman,” featuring Harry Styles and Emma Corrin (“The Crown”).
“The new news is that you will see us embrace some bigger projects going forward that are self-generated,” she said.
In Ms. Salke’s mind, this was always the place where Amazon Film was going to land. And there is a newfound confidence to her outlook as she celebrates her third anniversary as the head of the studio. In addition to her recent acquisition spree, she has made overall content deals with Mr. Jordan and the actor and musician Donald Glover, which she says will reinforce her mission to burnish Amazon’s reputation as a talent-friendly place.
With its healthy subscription base, Amazon is attracting those in Hollywood who are interested in the company’s global reach but also curious about the company’s other businesses that have the potential to expand a star’s brand beyond film and television.
Mr. Jordan, for one, said his overall content deal would allow him to explore areas other studios couldn’t offer: specifically fashion, music and podcasts. His portrayal of the physical incarnation of Amazon’s Alexa during a Super Bowl ad was an example.
And Ms. King got a kick out of just how pervasive Amazon’s marketing of her film was whenever she logged into the company’s e-commerce site.
“When I’m on Amazon, buying doggy bags, and my film pops up at the top, that’s pretty amazing,” she said. “That’s like, wow! Every single day I am getting a text from someone who saw the movie that probably wouldn’t have seen it if it didn’t pop up in their shopping queue.”
Category: Technology
Source: New York Times