It’s been about one week since Amazon announced its Amazon Studios site, pledging $2.7 million in grants and prizes to new screenwriters and filmmakers.
There’s already 1,078 projects posted.
I’m kind of surprised there’s not more. But I bet that will double in the next month, and then go up exponentially before that first January 31, 2011 deadline.
Reactions from bloggers have been flooding in, including a number of industry insiders. Read more
A thunderclap rocked the online screenwriter community yesterday when word came out that Amazon Studios hath been born: Amazon.com’s new “crowd-sourcing” filmmakers community site with a mandate to fund theatrical feature films by emerging, as-yet-undiscovered talent.
It looks like it’s basically TriggerStreet.com but with a ton of money behind it and more of a mandate to produce films, rather than just touting the potential that a diamond in the rough might be shown to a bonafide Hollywood star as he masticates his sushi lunch.
At least that’s how it sounds as of now, on Day One of this experiment. It’s definitely going to be interesting to follow this project. Methinks Amazon may have got in a bit over their head on this one, but they’re a billion dollar corporation so they must have a spreadsheet somewhere that calculates a sure-fire upside.
Essentially, Amazon has created the biggest screenplay contest of all time, considering the grand prize purse is $200,000 with the potential of a $400,000 production bonus.