Jassy: Prime Video is growing and profitable

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Amazon CEO Andy Jassy declared Prime Video a thriving company, saying it is “growing and profitable, but still in its early stages.” Jassy highlighted the platform’s momentum during a recent shareholder Q&A, attributing its success to strong content, live sports coverage and strategic partnerships. According to Amazon News, Jassy believes that great content is paramount to customer engagement.

Content is king

Jassy noted that original films like the “Kalpables” trilogy, which topped charts in 170 countries, had strong viewership. He also hinted at upcoming projects, including a sequel to The Summer I Turned Pretty and continued production on the Bond series. The CEO specifically praised Project Hail Mary as an exceptional film, noting its significant box office success.

A series of high-profile series such as “Fallout,” “Reacher,” and “The Boys” have also been cited as factors driving up viewer ratings.

sport drive engagement

Live sports is a key component of Prime Video’s growth strategy, with Jassy noting that 95 of the top 100 most-watched programs of the year are live sports. He detailed Prime Video’s wide range of sports programming, from the NFL’s Thursday Night Football and the NBA to the Masters, NASCAR and the UEFA Champions League, and emphasized Prime Video’s role in attracting and retaining Prime subscribers.

strategic partnership

Prime Video’s ecosystem is further enhanced by integrations with third-party providers such as Warner Bros. Discovery, Paramount+, Peacock, and Apple TV+. This strategy increases content accessibility and user engagement.

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