Source: Wall Street Journal
Published: February 2019
Circulated: March 14, 2019
Nearly 75% of U.S. households already have more than one streaming service like Netflix or Hulu, up from 59% two years ago.
Amazon spent nearly $50 million on distribution rights to four films at this year’s Sundance Film Festival, planning to give each of them a theatrical release. The company has had success with that model in the past, such as 2017’s “The Big Sick” and 2016’s “Manchester by the Sea”, which won two Oscars.