Amazon’s costs for video and music content last year hit $13 billion, up around 18%, representing a slowdown from its spending binge in 2020. The ecommerce giant disclosed total video and mus…
Total capitalized costs of video and music were $10.7 billion as of the end of 2021 — up more than 50% from $6.8 billion a year earlier. The weighted average remaining life of Amazon’s capitalized video content is 2.6 years., including the studio’s debt. The agreement is pending regulatory approvals; Amazon did not provide an update on the status of the MGM deal in the 10-K.
Amazon’s Q4 earnings report was its first to break out advertising sales, which totaled $9.72 billion for the quarter and $31.2 billion for full-year 2021. The segment includes sales of advertising services to sellers, vendors, publishers, authors and other parties, through programs such as sponsored ads, display and video advertising.
Other recent series premieres on Prime Video include comedy “Harlem,” adult animated comedy “Fairfax,” and the final season of sci-fi fan favorite “The Expanse.” Upcoming original shows include the first season of “Reacher,” based on “Killing Floor” by Lee Child, will be released Feb. 4, and “Diabolical,” an animated spinoff of hit superhero spoof “The Boys” set to premiere later in 2022.
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