EXCLUSIVE: We are hearing from myriad sources that Amazon MGM Studios will be launching an international theatrical distribution arm for its feature slate moving forward.
The studio’s current foreign theatrical output deal is with Warner Bros. which ends at the end of this year. This is a big step for Amazon which has re-embraced the theatrical window since acquiring MGM; their first big release and even recordbreaker at the box office being 2023’s Creed III with a $58.3M opening, and $156.2M domestic take, $276.1M worldwide.
By scaling the studio’s theatrical distribution efforts globally, Amazon MGM Studios would be able to maximize the upside when it comes to each movie’s revenues and profits.
During Amazon’s previous go-round with theatrical distribution in its early days under Jason Ropell-Ted Hope-Bob Berney administration, many of its pics’ foreign rights were sold off.
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