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Why Amazon is spending so much to rival Netflix

April 26, 2017

“Content is a difficult enough business to turn a profit, but Amazon’s key advantage is that its business is so incredibly diverse. From Amazon Studios to Amazon Web Services to its retail operations, any division can make a profit that raises all of the other divisions. For Amazon, the tide indeed does raise all ships,” said Glenn Hower, a senior research analyst with Parks Associates.

From the article "Why Amazon is spending so much to rival Netflix" by Elizabeth Weise.

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About Parks Associates

Why Amazon is spending so much to rival Netflix

Previously In The News

Builder Designs Houses That Can Run For Weeks Without Power

Wall Street Wants Streamers to Make More Money – but Consumers Want to Pay Less | Chart

It's not me, it's Netflix: With password sharing on the block, how to boot your friends

Piracy Could Result in $113 Billion Loss for Streaming Services by 2027

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