Amazon Takes On Netflix, Apple Streaming, Pushes Video And Music Spend To $7B
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Amazon Takes On Netflix, Apple Streaming, Pushes Video And Music Spend To $7B

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This is a modal window. No compatible source was found for this media. Amazon again seeks to prove its credibility as a viable competitor to Netflix and Apple by committing to spend $7 billion on video and music content for the entire year. Streaming video and music are included in Amazon’s Prime membership program. Amazon bundles these services into its annual subscription plan, taking advantage of its e-commerce dominance. Prime members pay $119 a year on average for the service. This is the first time Amazon has itemized the growing cost of providing streaming services to consumers, which seems […]

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