UPDATED with content spend stats from annual report: Giant Amazon said its total expenses for video and music came to $16.6 billion last year, up from $13 billion in 2021. Video and music expense includes licensing and production costs associated with content offered within Amazon Prime memberships, and costs associated with digital subscriptions and sold or rented content, according to the company’s latest annual report that followed fourth quarter financials yesterday. On an earnings call Thursday, CFO Brian Olsavsky noted that Amazon spent $7 billion on originals, live sports and licensed content in 2022, up from $5 billion the year before. It’s unclear if those figures include all worldwide video content, which is increasingly central to Amazon’s strategy in driving membership for Prime, the biggest loyalty program in the world and the beating heart of the company. Amazon (which acquired MGM last year for $8.5 billion in cash) carefully evaluates its return on … [Read more...] about Amazon Praises Video As Key Driver Of Prime; 2022 Content Spend, Including Music, Hit $16.6 Billion
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Boris Johnson Says He Spends His Days Drawing Cows After Scandal Forced Him From Office
Boris Johnson has revealed his weirdly specific new hobby: mastering the form of a cow. The former UK Prime Minister has told TalkTV , the Rupert Murdoch-backed British television channel, that he spends his days drawing cattle after resigning in scandal last year. In his first major TV interview since leaving office, Johnson sat down with his friend and colleague Nadine Dorries , the former UK Culture Secretary. “At the moment I’ve got a project, which is to master the form of the cow,” he told Friday Night with Nadine in an exchange that bordered on bizarre. Johnson continued: “Cows are actually far more difficult to draw than you think. How many toes on the front does a cow have? It’s two, and they’ve got a little thing on the heel. And what do you call that bit of the cow? I think it’s called the withers. What do you call the back of the knee of the cow? The hock. “They repay a lot of study. So, I’m filling a book now with cow. Pictures of parts of cows, … [Read more...] about Boris Johnson Says He Spends His Days Drawing Cows After Scandal Forced Him From Office
‘The Last Of Us’ Has Made A New Hit Of Linda Ronstadt’s 53-Year-Old Song ’Long Long Time’ – All Because Seth Rudetsky Knows Everything
Two years ago to this very day, Seth Rudetsky , the Broadway composer, musician, podcaster, host of a show on SiriusXM radio, fundraiser , musical cruise host, conveyer of pop culture trivia and, now, “source music consultant,” received a text from Craig Mazin, the screenwriter, director and producer. Mazin was friends with Ted Griffin, who is married to Sutton Foster, who knows, as does seemingly everybody else in musical theater, Rudetsky. “I get this text,” Sudetsky remembers, “in all capital letters, saying IT’S EMMY AND GOLDEN GLOBE AWARD WINNING CRAIG MAZIN. STOP WHAT YOU’RE DOING. I NEED YOUR HELP.” Specifically, Mazin needed a song for a TV episode he was working on, a show tune along the lines of “I Miss The Music” from the 2006 Kander & Ebb musical Curtains , only older. If you’ve seen the third episode of HBO’s The Last Of U s, the post-apocalyptic drama created by Mazin and Neil Druckmann (based on a 2013 video game), you’ll know where this is … [Read more...] about ‘The Last Of Us’ Has Made A New Hit Of Linda Ronstadt’s 53-Year-Old Song ’Long Long Time’ – All Because Seth Rudetsky Knows Everything
Jay-Z Offered Bacardi $1.5 Billion for Its Half of D’Usse, Got Rejected
Getty Jay-Z made Bacardi an offer he thought it couldn't refuse -- he was willing to spend $1.5 billion just for the booze co.'s 50% stake in D'Usse, but still got rejected. TMZ broke the story ... Jay's in a legal war with Bacardi, trying to force the company to buy him out of their 50/50 partnership in the luxury cognac brand. But, according to new docs, it was Jay who first tried to buy out Bacardi, back in December 2021. Here's what's weird, months before his offer ... Jay says he and Bacardi exchanged valuations of the brand. They were light years apart -- Jay felt his half of D'Usse was worth $2.5 billion, and Bacardi thought it was only worth a measly $460 million! Getty According to the docs, Jay went back to the drawing board and then in December he offered to buy out his partner for the $1.5 bil ... which, keep in mind, would still be 3 times what Bacardi said it was worth. Sweet deal, right? TMZ/Getty Composite … [Read more...] about Jay-Z Offered Bacardi $1.5 Billion for Its Half of D’Usse, Got Rejected