Member Brief: Amazon Owns Hollywood

By making the MGM acquisition final, Amazon is deepening its moat and strengthening its customer acquisition flywheel.

And thanks in part to Amazon’s ability to monetize content through subscription revenue and direct commerce, it has a real shot at competing with entertainment titans that previously seemed untouchable. Discovery+ is folding into HBO, it’s been reported that Paramount’s streaming service has issues with profitability, and Netflix is even chomping down on password sharing.

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