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Amazon to Make Movies for Theaters, Prime Video Service

Amazon.com said it would produce movies for the big screen and offer them on its Prime video service within two months of their theatrical release. Netflix, with which Amazon's video service competes, said in September it would jointly produce a sequel to Crouching Tiger, Hidden Dragon. Amazon has been investing heavily in digital media, hoping to draw traffic and drive sales as consumers increasingly spurn traditional TV offerings in favor of on-demand content. The company has...

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