By foreseeing how the Internet would dramatically change the retail business, Amazon became the digital behemoth it is today. Now the company has turned its sights to the entertainment industry, volatile due to technology changes, and is taking a deep dive into prestige films, online shows and virtual reality. Amazon recently became a major player in independent feature distribution by spending top price for films at Sundance and elsewhere. Now it’s debuted a streaming TV show and is forming a team to build a VR platform. Continue reading Amazon Pursues Indie Film, Streaming TV and Virtual Reality

Amazon Studios, the production arm of Amazon’s Prime Instant Video service, hopes to challenge Netflix with compelling original series. The studio greenlit several shows to debut later this year, and viewers will get the chance to view pilots for another set of prospective shows in the next few weeks, including a drama by Whit Stillman and a comedy produced by Steven Soderbergh. Amazon takes feedback from viewers into consideration when selecting new shows. Continue reading Amazon Aims to Make Prime Instant Video a Major Competitor