Amazon MGM Studios set to fill a gap in Hollywood’s movie slate
From CNBC: 2025-05-01 12:00:00
Amazon MGM Studios wows at CinemaCon 2025 with star-studded lineup. Amazon’s $1 billion annual commitment to theatrical releases pays off with flashy trailers and first-look footage from upcoming films. The surge of theatrical content from Amazon helps fill the gap left by the decline in movie releases from studios like 20th Century Fox.
The domestic box office benefits from Amazon’s investment in theatrical releases as the number of wide releases has decreased over the past decade. Analysts estimate that the domestic box office has lost around $1 billion in total ticket sales annually due to studios shifting focus away from mid-budget films. Amazon’s commitment to theatrical content, alongside smaller studios like Neon and A24, helps boost the strength and diversity of box office offerings.
The decline in box office ticket sales during the pandemic closely mirrors the decrease in film releases. Industry experts emphasize the importance of a diverse range of content in driving box office success. Distributors expect at least 110 wide releases at 2,000 or more locations in 2025, signaling a positive trend in the number of movies being released. Amazon’s focus on theatrical releases contributes to the overall strength of the box office and cinema industry.
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