Amazon would like it all. But Random House has decided it will have some too. And so will Macmillan.
Amazon generates $48 billion in revenue and has 63 percent of the eBook market, reports The Globe and Mail. It has already moved into book publishing. And now its Amazon Studios will be making movies, with 15 film projects in development.
Random House started its own film arm in 2005, and is joining with FremantleMedia (known for American Idol and The X Factor) to create Random House Television, reports the Toronto Star. Random House Television will develop shows from the publisher’s books and tap some of its leading writers for original content.
Macmillan hasn’t been left behind. It has a film division, too, and will be expanding into television, perhaps with a TV spinoff for supernatural military novel SEAL Team 666.
[Thanks to John Mansfield for the story.]