Amazon Is on the Prowl for Movies From Sony, Paramount
- Both studios have relied on financing partners in the past
- Movies would bolster online retailer’s streaming service
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Amazon.com Inc., looking for ways to offer more films on its streaming service, has held discussions with at least two major Hollywood studios about options that could include co-financing movies in exchange for certain online rights, according to people familiar with the matter.
The company held exploratory talks with executives at Sony Corp.’s studio division and Viacom Inc.’s Paramount Pictures, said the people, who asked not to be identified because the discussions are at an early stage. The options included development funds, as well as money for film production, said one of the people.