Amazon is making its first foray into the big-screen movie business after buying an option to develop a film from Keith Donohue's fantasy novel "The Stolen Child."Amazon said it will not co-finance the film, but it plans to meet with studios and potential partners who can put the tale, in which fairies steal a young boy and replace him with a changeling, on the silver screen.
I'm a little confused about what Amazon are doing here other than mimicking Starbucks rather ill fated attempts at co-producing and distributing movies.
Amazon and Starbucks may succeed in becoming distributors of digital movies and music - but they should leave production to the experts. I also wonder when Amazon will stick to the knitting a little more. They seem to have an inordinate amount of confusing/distracting projects on the bubble.
Once upon a time their vision was to become the Wal-Mart of the Internet - well they still have a long way to go before they achieve this lofty goal - why not stick to it?