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Why Amazon is spending so much to rival Netflix

“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.

Previously In The News

NAB 2018 Day Two: Online video, trends in sports business, could podcasts create TV content?

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Interoperability key to sustaining smart home tech adoption

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Report: More than 6M U.S. consumers will use PERS devices by 2021

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PayPal’s Popular But Apple Is The Class Favorite

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