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I left Amazon Studios in 2017 (after accusations I dispute), and five years later, the larger industry picture looks exceedingly bleak. In the last year nearly every major studio, from Warner Bros. to Paramount, has announced layoffs and write-offs. Amazon was plagued by reports that its big investment in a “Lord of the Rings” series yielded disappointing viewership numbers. Many of its key writers and producers, including Judd Apatow and Steve Levitan, went on to broadly influence TV and film comedy. It’s HBO.” summed it up: Prestige TV was trying to be, as was sometimes said, “filmovision” — as dark and true to life or shockingly violent as necessary.
Persons: Bob Iger’s, HBO Max, Max, they’ll, Larry Sanders, “ Sanders ”, Judd Apatow, Steve Levitan, Oz, , , Maisel, Ted Lasso ”, Pimple Popper, ” there’s Organizations: Amazon Studios, Warner Bros, Paramount, Disney, HBO, Showtime, City, Prestige, Netflix, , Amazon, Golden Globes
The dust has been settling at Amazon Studios after a big reorg in the fall that solidified Jen Salke's power. Yet Amazon Studios faces major challenges. Amazon Studios' Head of Global Television Vernon Sanders told Insider that the goal is to deliver content with global cultural relevance. Amazon Prime VideoWhile spending on such big swings has soared, some insiders see far less budgetary support for underrepresented casts. "I do think people wonder what's the commitment to Amazon Studios," the current insider said.
The Tesla CEO has previously said he “hates advertising” and, as Twitter’s owner, professed a desire to make the company more reliant on subscription revenue than advertising dollars. Twitter has always struggled to turn its outsized influence in media, politics, and culture into a highly successful advertising business. Twitter’s advertising business has long been smaller than that of rivals like Facebook, in part because it didn’t offer the same level of user targeting. To successfully overhaul Twitter into a thriving subscription business would be to buck the trend of many other media properties that have struggled with the model. Twitter’s ad woesWhether he likes advertising or not, the business made up 90% of Twitter’s revenue prior to Musk’s takeover and replacing it won’t be an immediate shift.
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