Amazon: Prime Video now profitable, generates ‘tens of billions’ annually
Variety’s Todd Spangler reports that Amazon CEO Andy Jassy told analysts Prime Video is now profitable “in its own right,” with a revenue run rate in the tens of billions.
Why it matters. Rivals now face a streamer that funds rising content spend from profit rather than subsidy, hardening the bar for scale-driven profitability.
Signal from variety.com · Todd Spangler · read the original.
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