Amazon spent a cool $11 billion on TV series, movies and music for its Prime services last year, an increase of 41% from $7.8 billion in 2019, the ecommerce giant disclosed in its annual report Thursday.
The total content spending includes licensing and production costs associated with video and music offered to Amazon’s Prime members, as well as costs associated with digital subscriptions and content that the company sells or rents, the company said.
Amazon also reported that the total capitalized cost of music and video content (which is primarily released) for the year ended Dec. 31, 2020, was $6.8 billion, up 17% from the year prior. A capitalized cost is an expense added to the cost basis of a fixed asset on a company’s balance sheet. Amazon noted that its content licensing agreements include both fixed and variable payment schedules, and it amortizes those costs either on an accelerated basis (based on estimated usage) or on a straight-line basis.
The total content spending includes licensing and production costs associated with video and music offered to Amazon’s Prime members, as well as costs associated with digital subscriptions and content that the company sells or rents, the company said.
Amazon also reported that the total capitalized cost of music and video content (which is primarily released) for the year ended Dec. 31, 2020, was $6.8 billion, up 17% from the year prior. A capitalized cost is an expense added to the cost basis of a fixed asset on a company’s balance sheet. Amazon noted that its content licensing agreements include both fixed and variable payment schedules, and it amortizes those costs either on an accelerated basis (based on estimated usage) or on a straight-line basis.
- 4/15/2021
- by Todd Spangler
- Variety Film + TV
Similar News
City Hunter (2024) – A Hilariously Outrageous Netflix Movie: The Flirty Private Detective
- 4/25/2024
- by Veronica Loop
- Martin Cid Magazine - Movies
Netflix To Stream Golden Kamuy Live-Action Film Worldwide
- 4/25/2024
- by Ami Nazru
- AnimeHunch
Dead Boy Detectives (2024) Season 1 Review — Thrills and Grim LOLs
- 4/25/2024
- by M.N. Miller
- FandomWire
All American: Season Seven -- Has The CW TV Series Been Cancelled or Renewed?
- 4/9/2024
- by TVSeriesFinale.com
- TVSeriesFinale.com
Fox Sports: Voices Paving the Way Airs April 14 2024 on Fox
- 4/7/2024
- by Jules Byrd
- TV Everyday
Jason Kelce Makes WrestleMania 40 Debut
- 4/7/2024
- by Nikole Behrens
- TV Shows Ace
9 Years Later, Prime Video's Best Sci-Fi Show is Still Unmatched (and Its 95% Tomatometer Proves It)
- 4/21/2024
- by info@startefacts.com (Lee Jevon)
- STartefacts.com
Who Has a Higher Net Worth Elon Musk or Jeff Bezos?
- 4/15/2024
- by Michelle Kapusta
- Showbiz Cheat Sheet
Jeff Bezos’ Fiancée, Lauren Sanchez, Sparks Debate With Racy Dress To State Dinner At The White House
- 4/14/2024
- by Gianna Stephens
- Uinterview
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.
More to explore
’28 Years Later’ Adds Aaron Taylor-Johnson, Jodie Comer and Ralph Fiennes
- 4/24/2024
- by Katcy Stephan
- Variety Film + TV
American Black Film Festival 2024 Lineup Includes Vivica A. Fox and Jussie Smollett-Starring Drama (Exclusive)
- 4/24/2024
- by Angelique Jackson
- Variety - Film News
‘Wednesday’ Season 2 Casts Thandiwe Newton (Exclusive)
- 4/23/2024
- by Joe Otterson
- Variety - TV News
Terry Carter, ‘Battlestar Galactica’ and ‘McCloud’ Actor, Dies at 95
- 4/23/2024
- by Lexi Carson
- Variety - Film News
‘Dead Boy Detectives’ Review: Netflix’s ‘Sandman’ Spinoff Is a Fast, Fun Binge
- 4/25/2024
- by Angie Han
- The Hollywood Reporter - Movie News
’28 Years Later’ Adds Aaron Taylor-Johnson, Jodie Comer and Ralph Fiennes
- 4/24/2024
- by Katcy Stephan
- Variety Film + TV
Julio Torres's "Problemista" Shows the US Immigration System Is a Relentless Maze
- 4/24/2024
- by Johanna Ferreira
- Popsugar.com
Chuwi Is the Voice of a New Puerto Rican Generation
- 4/23/2024
- by Juan Arroyo
- Popsugar.com
Camila Mendes on Why We Need More Latine Representation in Rom-Coms
- 4/22/2024
- by Brenda Barrientos
- Popsugar.com
Saraciea Fennell: "The Black Girl Survives in This One" Is the Representation I Didn't See in Horror Books
- 4/22/2024
- by Saraciea Fennell
- Popsugar.com
Every Zendaya Role Ranked: ‘Challengers,’ ‘Dune,’ ‘Euphoria,’ and More
- 4/25/2024
- by Wilson Chapman
- Indiewire
Rushes | Participant Shutters, Hollywood Rebounds, Scorsese’s Sinatra
- 4/24/2024
- MUBI
Mark Ruffalo Says He Is Recognized ‘Way More’ for ’13 Going on 30′ Than for MCU’s Hulk
- 4/24/2024
- by Samantha Bergeson
- Indiewire
Accident Video on ‘The Pickup’ Set Shows Vehicles Flipping Over
- 4/24/2024
- by Brian Welk
- Indiewire
The 12 Best Tennis Movies, from ‘Strangers on a Train’ to ‘Challengers’
- 4/24/2024
- by Wilson Chapman and Mark Peikert
- Indiewire
’28 Years Later’ Adds Aaron Taylor-Johnson, Jodie Comer and Ralph Fiennes
- 4/24/2024
- by Katcy Stephan
- Variety Film + TV
American Black Film Festival 2024 Lineup Includes Vivica A. Fox and Jussie Smollett-Starring Drama (Exclusive)
- 4/24/2024
- by Angelique Jackson
- Variety - Film News
Tomorrow’s Freedom review – does this man know the way to peace in Israel and Palestine?
- 4/25/2024
- by Peter Bradshaw
- The Guardian - Film News
The Story Collective producers launch film and TV studio complex in southwest London (exclusive)
- 4/25/2024
- ScreenDaily
Former Lookout Point producers launch film and TV studio complex in southwest London (exclusive)
- 4/25/2024
- ScreenDaily
‘Wednesday’ Season 2 Casts Thandiwe Newton (Exclusive)
- 4/23/2024
- by Joe Otterson
- Variety - TV News
Terry Carter, ‘Battlestar Galactica’ and ‘McCloud’ Actor, Dies at 95
- 4/23/2024
- by Lexi Carson
- Variety - Film News
Mr. Jost Goes to Washington, Like So Many Late Nighters Before Him
- 4/25/2024
- by Bill Carter
- LateNighter
Weds Night Monologues: Ukraine Aid and Kanye Porn
- 4/25/2024
- by Dennis Perkins
- LateNighter
‘Not Dead Yet’: Gina Rodriguez Shares Hopes for Season 3
- 4/25/2024
- TV Insider