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Amazon Reportedly Plans to Burn $1 Billion on Over a Dozen Theatrical Movies Every Year

Amazon must be feeling its cash burning a hole in its voluminous pockets even as the tech downturn has pummeled $1 trillion from its stock value. And even though the company is potentially kicking thousands of employees to the curb over the next few months, the tech and e-commerce giant wants to see its name up in…

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