Amazon Launches Studio For Online Development
Posted on Wed Nov 17, 2010 10:37 AM PDT

amazon200.jpgNEW YORK, New York (X17online) - Amazon.com, in association with Warner Bros., has launched Amazon Studios which will focus on user-generated online development. The site will utilize monthly contests and feedback from online users.

The company is hoping to generate feature films from the various submissions that are sent in.

For those who upload their feature-length films and screenplays, they will be entering an 18-month agreement for the studio to option on the material.

Cash prizes each month will include $20,000 for the chosen screenplay and $100,000 for the selected film. For the winner of the annual contest, the winning screenplay will score $100,000 and the winning film, $1 million.

The contests will begin in January.

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