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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

Mafia Mamma and Knives Ou t star Toni Collette and Odessa Young ( The Staircase, Mothering Sunday, Shirley ) have signed to co-star in writer and director Nathan Silver’s twisted revenge thriller The Prima Donna . Collette and Young previously worked together on HBO’s award-winning series The Staircase . The drama revolves around dysfunctional family dynamics, the dangers of ambition, and the lengths we will go to make our mark on the world. Set in contemporary Rome, Collette will play a legendary opera diva who is about to step into the role of a lifetime just as her estranged daughter (Young) shows up at her doorstep, right out of rehab. An aspiring opera singer herself, the daughter summons up the courage to ask to be her mother’s understudy.  When her mother callously dismisses the suggestion, she snaps and starts mulling the ultimate revenge, igniting a cut-throat battle of wills. Silver, whose previous credits include Thirst Street, Uncertain … [Read more...] about Toni Collette & Odessa Young Reunite On Nathan Silver’s Revenge Thriller ‘The Prima Donna’; Cornerstone Launching At The EFM

TMZ.com E-40 was doing it “too big” like his Mount Westmore anthem at his alma mater Grambling State University on Friday … donating a massive $100K check to the HBCU’s music department for invaluable upgrades for generations of students to come. The legendary rapper was flanked by his wife, GSU President Rick Gallot and Dr. Nikole Roebuck … Grambling’s Music Department Chair and Director of Bands and graciously addressed the crowd during his coronation. TMZ.com The GSU Tigers flipped the script and surprised E-40 with the unveiling of The Earl “E-40” Stevens Sound Recording studio … a commemorative installation to inspire students’ music hustle just like the Bay Area OG!!! 40 attended GSU all the way back in 1986 which paved the road he walked to become a hip hop icon — and told onlookers it was an honor to stand at the university for the full-circle moment. He explained growing up in his impoverished Vallejo, CA neighborhood led … [Read more...] about E-40 Donates $100K to Grambling State, Honored With ‘Earl Stevens’ Studio