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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

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

There’ll be fireworks but no fire, and there will be a deal in the end. That’s the word I’m hearing from both sides out of the WGA ’s contract negotiations with the Alliance of Motion Picture and TV Producers after two days of talks . No one is commenting publicly, but I’ve learned that besides presentations from both sides during the opening days, there’s palpable unease in the room at AMPTP HQ thanks to the multimillion-dollar rollback proposal producers sent the WGA more than a week before negotiations began. “There’s a feeling of, Why did you have to insult us?’” a WGA insider told me over the producers’ request for $60 million in rollbacks from the health and pension plans, residuals and targeted screenplay minimums. “Once again it makes us the least favored child of the guilds.” Some on the other side of the table don’t disagree with that assessment. “Those were ridiculous proposals meant to appease the people at the top, not anyone in the room,” a well-placed … [Read more...] about WGA Contract Talks Brittle In Opening Days Over “Ridiculous” AMPTP Proposals

TMZ.com Steve-O says Bam Margera has yet again fallen off the wagon -- which leaves him with no choice but to accept that his old friend might turn up dead one of these days. As you know, Bam's been on the road with his 'Jackass' costar ... opening for Steve-O on the first leg of his comedy tour. Bam even brought his son Phoenix onstage with him at one of the stops. All seemed to be well -- that is, until Bam posted a shocking caption this week that spurred a hard truth from Steve. Steve-O Bam threw up a pic of himself, Johnny Knoxville and SO, writing ... "One arm is a best friend who had my f***ing back all along, another arm is a poser. A pro creation thief. If Jeff tremaine was in this photo, he would be to greedy to fit. F*** jeff. Remember I tattooed that on me long ago jeff? It’s because I knew who you were all along." He added, "@steveo much love and respect." Steve-O responded in a since-deleted comment ... … [Read more...] about Steve-O Bracing for Bam Margera’s Death, Has Tried Everything for Sobriety