Amazon Studios indie film champion Ted Hope steps down

Amazon Studios indie film champion Ted Hope steps down

Amazon Studios co-head of movies Ted Hope, a cheerleader for prestigious indie film at the tech giant, is stepping down from his executive role, the company said Thursday. Hope will enter a producing deal with the Culver City studios June 2 that will allow him to produce movies for the unit, studio head Jennifer Salke said in a letter to staff. Salke said the move was Hope’s decision. “Ted approached me earlier this year and expressed his feelings about taking on a new challenge,” Salke wrote in her memo. “Over the course of several months and many conversations, I came to realize Ted is a producer through and through, and that now is the right time for both him and the studio to make a change.” Hope joined Amazon Studios in 2015 as head of development, production and acquisitions for movies. He helped build the e-commerce titan’s movies business under then Amazon Studios head Roy Price, who left the company after a sexual harassment claim. Since 2018, he has shared the title of movies co-head with Matt Newman and Julie Rapaport under Salke. Hope is a respected figure in indie film and brought Amazon several early successes, including Spike Lee’s “Chi-raq,” Oscar winner “Manchester by the Sea” and comedy hit “The Big Sick.” However, Amazon’s film strategy has changed under Salke to include more commercial fare, though the studio has continued to release art-house titles championed by Hope, including the recent Oscar-nominated French film “Les Miserables.” Amazon, previously an overt proponent ...
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