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Yet Netflix STILL doesn't make money.
Amazon has AWS profits, their entire retail and video can now be a hobby for Amazon!
Maybe they'd be better investing in offline content, their own online paper & ebook sales etc than streaming which needs massive infrastructure and they could easily be a minnow in an ocean.
Also the cost of producing or acquiring decent video content is astronomical. It's also much more expensive when you do it wrong. Cats?
They are going for the fashionable, hyped market rather than being logical.
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