) announced that its film production division - Amazon Studios -
plans to add a dramatic thriller -
- written by Shaun Cassidy to its third pilot season.
features girls' dance teams where some members suffer from a
mysterious psycho-physiological illness that seems to be spreading
through social media. The cast includes Mena Suvari, James
McDaniel, Josh Stewart, Adan Canto, Laura San Giacomo, T.R. Knight,
Ella Rae Peck and Jenessa Grant.
Management stated that
will debut later this year and join other original shows including
written and directed by Jay Chandrasekhar;
by Whit Stillman and
Hand of God
starring Ron Perlman.
The pilots will be available for free on Amazon Instant Video
streaming service. Amazon Studios will decide which shows to
produce, going forward, depending on viewers' feedback. Amazon
Instant Video is a digital video streaming and download service
that lets users rent, buy or subscribe to a range of video
Amazon has been firing on all cylinders to boost its digital
media sales and attract new users. In this regard, the company is
focusing on comedy and kids' programs to expand its content line-up
and make Prime Instant video service more attractive to
The pilots, once completed, will be exclusively available to
Prime members through Prime Instant Video and Lovefilm in the U.K,
at no additional charges.
Last year, Amazon Studios released
, its first prime-time shows.
received positive response and so more episodes were broadcast,
was called off after the first season.
These pilots will further extend the archive of comedy shows
available on Amazon's video streaming library, making it a
significant force in the segment and increasing competition for
). At the same time, it will help Amazon to expand its footprint
into the growing streaming market at a much faster rate.
Amazon is one of the major players in an extremely fast-growing
market. In the first quarter, Amazon's revenues of $19.74 billion
were within its guided range but surpassed the Zacks Consensus
Estimate. Management attributed the increase in revenues to the
growing consumption of digital content across different categories
owing to the advantageous value proposition that it offered.
Currently, Amazon carries a Zacks Rank #4 (Sell). Another stock
that looks attractive is
), sporting a Zacks Rank #1 (Strong Buy).
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