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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

Leave it to a sitcom vet like Melissa Rauch to remind the industry that everything old can be new again. After persuading Warner Bros. TV to dust off the Night Court IP and revive it for NBC, multi-cams are suddenly hot again, with every broadcast network — and even a few streamers like Netflix (home to new hit That ’90s Show , which just got renewed ) are putting studio audience comedies in development. While no one is straight-up abandoning single-cams — the success of CBS’ Ghosts and ABC’s Abbott Elementary have certainly made sure of that — there’s no beating the cost-effectiveness of one of TV’s most tried and true genres. “Everybody had a hunch they should probably be doing more of them,” says one high-powered comedy agent. “Night Court is a good sign there is an appetite for that. Everything I’m hearing out of CBS, for example, is that they have pretty hard caps they are trying to hit on these multi-camera shows. The Conners is an exception because … [Read more...] about Thanks, ‘Night Court’! How Multi-Cams Are Having A Moment … Again

Anne Rice’s Mayfair Witches is set to fly again after being renewed for a second season at AMC . The cable network is bringing back the series, which along with Interview with a Vampire is part of its extended Anne Rice universe, after becoming its number one new series premiere on its streaming service AMC+. This comes despite a plethora of recent cancelations at AMC Networks. The company pulled Demascus and Invitation to a Bonfire as well as second seasons of Pantheon , Moonhaven and 61st Street, which were in various stages of completion and production, as part of a major cost-cutting drive. Mayfair Witches , which is based on Rice’s trilogy of books, focuses on an intuitive young neurosurgeon, Rowan Fielding, played by Alexandra Daddario, who discovers that she is the unlikely heir to a family of witches. As she grapples with her newfound powers, she must contend with a sinister presence that has haunted her family for generations. It also … [Read more...] about ‘Anne Rice’s Mayfair Witches’ Renewed For Season 2 At AMC