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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

Households with kids more likely to have smart home devices

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Are You Ready for Some Football? These Streaming Stocks Are.

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Streaming vs. Broadcast: Study Finds That 40% of Sports Fans Go Digital-Only

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White paper examines impact of smart energy management

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