Amazon Admits Video Isn't Carrying Its Own Weight
Amazon.com (NASDAQ: AMZN) CEO Jeff Bezos is ordering a strategic revamp at Amazon Studios, its original video division. The e-commerce giant is cancelling shows like Season 2 of "Z: The Beginning of Everything," which it had already begun writing, and "The Last Tycoon," which just launched its first season. Both shows were dramas about the writer F. Scott Fitzgerald.
Instead, Bezos has directed his Studios team to find a "Game of Thrones"-level hit, according to Variety. That statement in and of itself could be the most uncontroversial in Bezos's history. Like an NBA owner clamoring for the next LeBron James or an investor searching for the next Amazon, the wish is obvious -- but fulfilling it isn't so easyl
A scene from Game of Thrones. Image source: HBO.
Source: Fool.com
Netflix Inc. Stock
The stock is one of the favorites of our community with 125 Buy predictions and 3 Sell predictions.
With a target price of 100 € there is a positive potential of 47.89% for Netflix Inc. compared to the current price of 67.62 €.
