The Intelligence from The Economist

Show and sell: Amazon v Hollywood

5 snips
Sep 6, 2023
Tom Wainwright, technology and media editor at The Economist, breaks down Amazon's audacious streaming strategy amidst lukewarm critical reception. Duncan Weldon, Britain’s economics correspondent, reveals newly uncovered data suggesting a rosier UK GDP than previously thought. Meanwhile, author Keith Houston delves into the fascinating history of the pocket calculator, tracing its journey from humble beginnings to its role in shaping digital computation. This lively discussion spans innovation, economic insights, and the nostalgia of technology.
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ANECDOTE

Shoppable Content on Amazon Prime

  • Tom Wainwright watched Citadel on Amazon Prime, finding its "shoppable content" feature interesting.
  • Viewers can buy the characters' clothes and accessories, showcasing Amazon's innovative approach.
INSIGHT

Amazon's Unique Video Strategy

  • Amazon's video business model differs from other streamers.
  • They prioritize diverse revenue streams like advertising and selling others' content, not just viewership.
INSIGHT

Streaming's Role in Amazon's Ecosystem

  • Amazon's streaming services bolster Prime memberships, increasing customer purchases.
  • They also aim to leverage their vast user data for targeted advertising and measuring ad effectiveness.
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