Dare Obasanjo on Nostr: Amazon spent $7B on movies and TV shows last year. Now it’s CEO is asking it’s ...

Amazon spent $7B on movies and TV shows last year. Now it’s CEO is asking it’s Hollywood studio for a full accounting of their spending.

The streaming wars were a zero interest rate phenomenon driven by a lot of Netflix envy and now everyone’s got a hangover including Netflix.

https://www.bloomberg.com/news/newsletters/2023-07-05/amazon-ceo-asks-his-hollywood-studio-to-explain-its-big-spending