Former Amazon executive to return as company's most powerful person in Hollywood

Actress Michelle Williams, Jeff Blackburn and Anne Blackburn attend the Amazon Studios Oscar Celebration in 2017 in West Hollywood, Calif.Jeff Blackburn, one of Amazon’s highest-ranking and longest-serving executives, is returning to the company after a brief hiatus and will serve as senior vice president of a new Global Media & Entertainment division.

“Jblack’s interest in returning to Amazon presented us with a good opportunity to combine our entertainment businesses in a single org under a leader who knows them well,” Andy Jassy, the CEO of Amazon Web Services and soon-to-be CEO of Amazon, said in a memo. Amazon Studios has allocated at least $465 million for the first season of “Lord of the Rings” alone, an unprecedented budget for a streaming show.

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