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Amazon in Talks to Finance Woody Allen’s Next Movie

Jul 19, 2016  •  Post A Comment

Amazon and Woody Allen are poised to take their relationship to the next level, according to The Hollywood Reporter.

“The streaming giant, according to sources, is in negotiations to fully finance the director’s next film, the untitled Kate Winslet-Jim Belushi starrer,” the publication reports. “The Hollywood Reporter previously reported that Amazon was negotiating to distribute the movie, which co-stars Justin Timberlake and Juno Temple, but it now appears that the deep-pocketed company is sweetening the offer significantly. An insider pegs the pic’s budget at $25 million.”

THR adds: “By opting to have Amazon finance, Allen shut out financiers Ron Chez and Edward Walson as well as longtime producer Stephen Tenenbaum. Chez and Walson have financed the last several Allen movies including ‘Cafe Society,’ which is said to have run $10 million over budget at $30 million. Tenenbaum’s relationship with Allen goes back even further than Walson, beginning with 2001’s ‘The Curse of the Jade Scorpion.'”

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