Sources: Amazon plans to spend $1B+ per year to produce and release movies for theaters, starting with a few releases in 2023, and eventually 12 to 15 annually (Lucas Shaw/Bloomberg)

Lucas Shaw / Bloomberg:
Sources: Amazon plans to spend $1B+ per year to produce and release movies for theaters, starting with a few releases in 2023, and eventually 12 to 15 annually  —  Amazon.com Inc. plans to spend more than $1 billion a year to produce movies that it will release in theaters …