Amazon.com, which is gunning for Netflix in the subscription-video space, invested $1.3 billion in its Prime Instant Video last year, according to founder and CEO Jeff Bezos. Netflix, by contrast, spent $3.8 billion in 2014 on additions to its streaming-content library globally, up from $3 billion the year prior. Bezos revealed the video-spending figure — a...
Amazon.com, which is gunning for Netflix in the subscription-video space, invested $1.3 billion in its Prime Instant Video last year, according to founder and CEO Jeff Bezos. Netflix, by contrast, spent $3.8 billion in 2014 on additions to its streaming-content library globally, up from $3 billion the year prior. Bezos revealed the video-spending figure — a...
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