July 26 (Reuters) - Amazon MGM Studios has entered a

multi-year film partnership with Scott Stuber, the former

longtime head of films at Netflix ( NFLX ), to finance and

release movies from his new production company, it said on

Friday.

Stuber, who left Netflix ( NFLX ) in March to start his media

company, will produce several films annually under United

Artists (UA), a relaunched label that once operated under MGM.

The films will be released both theatrically and on Prime Video.

The agreement with Stuber, who will be involved in all

projects released by UA, includes a first-look deal and gives

his company a base at Amazon MGM Studios' Culver City lot.

UA was first launched by Charlie Chaplin, among others, in

1919 as a production and distribution company and was acquired

by MGM in 1981.

Amazon ( AMZN ) bought MGM, or Metro Goldwyn Mayer, the

fabled U.S. movie studio home to the James Bond franchise, for

$8.45 billion in 2021, giving it a huge library of films and TV

shows and ramping up competition with streaming rivals Netflix ( NFLX )

and Disney+.