{"id":899667,"date":"2026-10-30T07:50:09","date_gmt":"2026-10-30T07:50:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/899667\/"},"modified":"2026-10-30T07:50:09","modified_gmt":"2026-10-30T07:50:09","slug":"andy-jassy-says-prime-video-is-on-track-to-earn-tens-of-billions-of-dollars","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/899667\/","title":{"rendered":"Andy Jassy says Prime Video is on track to earn ‘tens of billions of dollars’"},"content":{"rendered":"

It\u2019s been four years since Amazon bought MGM for $8.5 billion<\/a>. But coming off the blockbuster success of this year\u2019s hit movie \u201cProject Hail Mary,\u201d Hollywood has become a lucrative business for the e-commerce giant.<\/p>\n

Prime Video, Amazon\u2019s streaming service, \u201chas emerged as a significant business with a revenue run rate in the tens of billions of dollars and is now profitable in its own right,\u201d Amazon CEO Andy Jassy said on the quarterly earnings call<\/a> on Thursday. Jassy had previously told investors in May that Prime Video was profitable<\/a>, but being on track to generate tens of billions is a new detail.<\/p>\n

Amazon said its movie studio, Amazon MGM Studios, has brought in more than $1.2 billion in global box office sales so far this year, helped by hits like \u201cProject Hail Mary\u201d and \u201cVerity.\u201d <\/p>\n

\u201cProject Hail Mary\u201d grossed an estimated $684 million worldwide, according to The Numbers<\/a>. Starring Ryan Gosling and based on Andy Weir\u2019s novel<\/a>, the film opened in theaters in March and became Amazon MGM Studios\u2019 highest-grossing release, according to entertainment reports. (The studio also had at least one notable flop this year: \u201cMelania.\u201d<\/a>)<\/p>\n

Jassy also named a number of TV shows as hits, including \u201cCarrie,\u201d \u201cThe Summer I Turned Pretty,\u201d \u201cThe Boys,\u201d \u201cOff Campus,\u201d \u201cFallout,\u201d and \u201cReacher.\u201d Season 4 of \u201cReacher\u201d drew 66 million viewers globally in its first 28 days, the company says, with more to come. Season 5 is filming now, and the show was picked up for a sixth season. (And if you don\u2019t follow Alan Ritchson, the star of \u201cReacher,\u201d on Threads, you are missing out on an actor who has turned a friendly-yet-witty reply into an art form.)<\/p>\n

Sports have also been a significant driver. Prime Video broadcasts NASCAR, the Masters, and UEFA Champions League soccer, but Thursday Night Football appears to be its biggest success this year. The first six games of this season have averaged 17.7 million viewers, up 16% from last year, according to Nielsen figures Amazon shared. The streaming service also attracted over 2 million viewers for its second season of the NBA on Prime, Nielsen said.<\/p>\n

When you purchase through links in our articles, we may earn a small commission<\/a>. This doesn\u2019t affect our editorial independence.<\/p>\n","protected":false},"excerpt":{"rendered":"It\u2019s been four years since Amazon bought MGM for $8.5 billion. But coming off the blockbuster success of…\n","protected":false},"author":2,"featured_media":899668,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[960,19353,7048,74],"class_list":["post-899667","post","type-post","status-publish","format-standard","has-post-thumbnail","category-technology","tag-amazon","tag-andy-jassy","tag-prime-video","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/899667","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=899667"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/899667\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/899668"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=899667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=899667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=899667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}