Amazon goes Hollywood with new online movie studio

November 18, 2010 | Source: Computerworld

Amazon.com is getting into the movie business by opening Amazon Studios, with the goal of using the Internet to put fresh movies on the big screen.

The new Internet movie studio will allow writers to upload screenplays to its website, where the global Internet audience can read them and offer feedback, or producers/directors can use them to make test movies. The test movies, which must be at least 70 minutes in length, can also be uploaded.

Amazon Studios will also award monthly cash prizes to the top submissions of $100,000 for the best movie each month and $20,000 to the two best scripts. They’ll also be an annual award of $1 million for the best movie and $100,000 for the best script.