Amazon plans to invest $1 billion in film production and release 12 to 15 films a year

Amazon, the world's e-commerce giant, is making a full-scale foray into the film industry. According to foreign media reports, Amazon is planning to invest $1 billion annually in film production, and will subsequently launch 12 to 15 films. Stay tuned.

•Amazon has been eyeing the film industry for a long time. It previously spent $8.4 billion to acquire MGM Pictures, directly acquiring a large number of well-known IPs including "Rocky" and "007", intending to make a big splash in movie theaters.

•In addition, in terms of streaming media, Amazon also has its own platform that has been operating for many years and has natural advantages. Whether it is in theaters or on the Internet, Amazon is a force that cannot be ignored.