Amazon’s $200M Anti-Netflix Playbook

Amazon's renewed focus on theatrical releases to boost streaming success is the central topic, particularly with the upcoming Ryan Gosling film, Project Hail Mary. Amazon believes that a movie's performance in theaters directly correlates with its streaming performance, a strategy that differentiates them from Netflix. To that end, Amazon is trying to recruit talent by promising wide theatrical releases, which Netflix doesn't offer. Matt Belloni also shares insights from the Oscars, including the reasons for the drop in ratings, such as technical difficulties with the Hulu stream, competition from a baseball game, and the show being held later in the year than usual. Belloni notes the widespread approval of Michael B. Jordan's win, highlighting the Academy's tendency to make actors "wait their turn" for recognition.