amazon
Amazon 2023 Content Spend Rises to $18.9B, Despite Hollywood Strikes
As Amazon leans into content through Prime Video, MGM, Freevee and live sports, the company said that its 2023 content spend totaled $18.9 billion. Amazon spent $16.6 billion on content in 2022, “approximately $7 billion” of which was spent on “Amazon originals, live sports and licensed third- party video content included with Prime.” The company […]
- By
Amazon Advertising Revenue Hits $14.6B in Latest Quarter as Tech Giant Leans Into Ad Deals
As Amazon leans further into advertising via its Prime Video service (ads were turned on there earlier this week), the tech giant’s overall ad business hit $14.6 billion in Q4 2023, the company said in its latest earnings report. Amazon overall had net sales of $170 billion, and net income of $10.6 billion, both beating […]
- By
Inside ‘The Chosen’ Phenomenon: “We Bristle Every Time Someone Calls This a Faith Show”
If you head out to movie theaters this weekend, you’re likely to see The Chosen on the marquee. The TV show, a historical drama based on the life of Jesus, is rolling out its fourth season theatrically, two episodes at a time, over the next month, before dropping in its entirely on apps and streaming […]
- By
‘Mr. & Mrs. Smith’ Review: Donald Glover and Maya Erskine Lack the Romantic Fizz to Lift Amazon’s Spy Caper
Two espionage agents are assigned to work together posing as a married couple in a reboot of the 2005 big-screen action comedy that paired Brad Pitt and Angelina Jolie.
- By
Celine Dion Doc Chronicling Health Journey Lands at Amazon MGM
Amazon MGM has landed the worldwide rights to Celine Dion doc, I Am: Celine Dion. The film follows the superstar as she is diagnosed with Stiff Person Syndrome and continues to navigate her career. The synopsis for the doc reads: “From visiting her couture touring wardrobe and personal effects to spending time in the recording […]
- By
‘Reacher’ Boss Says Viewers Can Count on One Thing for Season 3
[This story contains spoilers from the finale of Reacher‘s second season.] Viewers of Reacher have now had one week to decompress, perhaps rewind, and think about how archvillain Shane Langston (Robert Patrick) finally got his in the season two finale. After saving love interest Karla Dixon (Serinda Swan) from dropping mid-air out of a helicopter, […]
- By
With Nicole Kidman’s ‘Expats,’ Creator Lulu Wang Finally Has a Project Her Mother Likes
Scribbled on a chalkboard in director Lulu Wang’s kitchen is a list of films and TV shows she and her partner, Barry Jenkins, have yet to see. As is tradition, their friends, many of them fellow filmmakers, come through their Silver Lake home and jot down suggestions for the pair. On this morning, the list […]
- By
Amazon MGM Studios Division Cuts Deal For Esports Content
As one Amazon division cuts back on its esports ambitions, another is investing in the space. MGM Alternative, the division of Amazon MGM Studios that produces unscripted shows like The Voice, Survivor and Shark Tank, has cut a wide-ranging content deal with the Global Esports Federation (GEF). The deal will see MGM “create content surrounding […]
- By
Amazon Makes Big Play for Faith-Based Content
Amazon MGM Studios is getting spiritual. The company announced Wednesday that it’s brokered a partnership with the recently formed Wonder Project, which bills itself as an independent studio designed to “develop series and films rooted in spirituality.” The latter is led by veteran producer Jon Erwin (Jesus Revolution) and former Netflix and YouTube exec Kelly […]
- By
Amazon to Buy Minority Stake in Diamond Sports, Sinclair to Pay $495M in Settlement
Diamond Sports Group, the largest U.S. operator of regional sports networks (RSNs), on Wednesday unveiled a so-called restructuring support agreement (RSA) with creditors, saying that it “provides a framework for a reorganization plan that would enable Diamond to emerge from bankruptcy as a going concern and continue its operations.” Under the framework, Amazon will make […]
- By
Amazon Wants to Turbocharge Its Sports Advertising Business, Too
2024 will be the year of advertising for Amazon and its Prime Video division. Later this month the tech giant will flip a switch and turn on ads for hundred of millions of Prime Video users (giving them the option of paying an extra $3 per month to remove them). But as excited as the […]
- By
Amazon’s Audible Cuts 5 Percent of Staff
Audible is laying off 5 percent of its staff with the goal of setting the company up for “continued success” amid an “ increasingly challenging landscape,” according to a memo sent to employees Thursday. In the memo from Audible CEO Bob Carrigan, which was shared with The Hollywood Reporter by an Audible spokesperson, Carrigan says […]
- By