Jeff Bezos


Bezos: Amazon is “not too big to fail”

Amazon boss Jeff Bezos has said that the Seattle-headquartered business is “not too big to fail”. The CEO, who was speaking at a staff meeting last week, was responding to an employee question around what Bezos had learned from the bankruptcy of major North American retailers such as the 125-year-old department store Sears, which filed […]

Amazon hits 100m Prime members

Amazon chief Jeff Bezos has revealed in his yearly shareholders letter that Prime now has 100m members, which he partly attributes to continuing content expansion. In the statement, Bezos said that Prime Video, “continues to drive Prime Member adoption and retention.” The company’s expansion in content and investment in originals such as The Marvelous Mrs. […]

Amazon cancels comedies One Mississippi, I Love Dick

Amazon is continuing its purge of comedies, now ridding of One Mississippi, I Love Dick and Jean-Claude Van Johnson. Last month Amazon Prime Video turned down all of its latest pilot season comedies including Sea Oak, The Climb and Love You More. Now, Tig Nataro’s One Mississippi will not continue on the service after two […]

Amazon pledges to up video investment in 2018

Amazon has pledged to increase its investment in video next year, tailoring its content decisions based on what “resonates with Prime members”. Speaking on the company’s third quarter earnings call, chief financial officer Brian Olsavsky, said that Amazon’s video business makes good financial sense as Prime members who watch video “also spend more on Amazon”. […]

Amazon to up content spend in Q3

Amazon plans to up its investment in video content in the current quarter, despite reporting a year-on-decline in net income during Q2 on the back of higher spend. Speaking on the company’s second quarter earnings call, chief financial officer Brian Olsavsky said that Amazon would continue to build on its momentum in the video space, […]

Bezos calls for ‘acceptable terms’ from Google, Apple

Amazon CEO Jeff Bezos has called for “acceptable business terms” for its Prime Video service if the company is to resume selling Chromecast or Apple TV devices. At the Code Conference in California, Bezos responded to a question about why the Amazon store stopped selling the rival devices to its own Amazon Fire TV line […]

Amazon’s Christmas viewing doubles

Amazon Prime members doubled their total viewing hours of Prime Video titles over the Christmas season compared to 2014, according to the e-retailer. Amazon said that its original series The Man in the High Castle (pictured) led the way as the “most watched TV season ever on Prime Video”. It claimed the series was the most […]

Amazon launches 4K Fire TV

Amazon is launching a 4K Ultra HD version of its Amazon Fire TV media player. The device is available for pre-order for US$99.99 in the US and will start shipping on October 5, providing access to TV shows on-demand and live services from the likes of Netflix, Amazon Prime Instant Video, HBO Now, Hulu, WatchESPN, […]

Bezos: ‘Clarkson series very, very, very expensive’

Jeff Bezos has said Amazon’s upcoming motoring series with the former Top Gear team will be ‘very, very, very expensive”. The Amazon founder and CEO told UK newspaper The Telegraph that recruiting the Top Gear team, who left the BBC show in the wake of a scandal that involved star presenter Jeremy Clarkson hitting a […]

Amazon Prime membership climbs 53%

Worldwide paid membership of Amazon’s Prime subscription service grew 53% last year – 50% in the US and faster outside the States – according to the e-retail giant. Speaking on Amazon’s fourth quarter earnings call, chief financial officer and senior vice president Tom Szkutak, said that Prime membership was growing on a “sizeable base” of “tens of […]