Amazon has been mum about how it makes many of its (sometimes questionable) entertainment programming decisions. Now, based on leaked internal documents, it looks like the answer is cold hard cash.
Reuters has acquired Amazon financial information that for the first time provides insight into just how profitable and widely watched Amazon's Prime Originals and streaming service are. Significantly, the documents shed light on the financial strategy of Prime Originals — specifically, how Amazon's entertainment venture contributes to the growth of its Prime subscriber base, and overall subscription business profitability. Read more...
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