Spot on. A lot of people have recommended a Kindle to me but I've held off. I can't get past the massive Amazon logo on it and the awful page turn.
Amazon’s Echo Chamber
41–50 of 94 posts
Re: Amazon’s Echo Chamber
#42Earlier quoted context omitted.
The author is talking about Amazon's share in those profits. It's clear that people who own the IP make a lot of money in media content.
Which is exactly why Netflix for example is moving into content production. Does amazon do the same?
http://www.digitaltrends.com/home-theater/amazon-joins-netfl...
And for example, Alpha House:
Re: Amazon’s Echo Chamber
#43Earlier quoted context omitted.
They don't really want to be anymore, which is why they're spending so much money on original programming.
Amazon is also at least nominally getting into entertainment production, though so far they're doing a pretty clumsy job of it.
EDIT: I checked, you can totally buy caskets on Amazon. Wow.
Re: Amazon’s Echo Chamber
#44Scathing and harsh, but probably pretty accurate. > No one makes money selling media for consumption anymore. That market is quickly and brutally dying. The media market is now so efficient that all profit is completely sucked out of the equation by the time you get to the consumption delivery system, to the point that it is barely possible to break even. This part resonated with me a lot. The media market was always…
Didn't Bezos once say something like "your margin is my opportunity"? There's a certain irony in Amazon not being able to compete in mobile because the market is too efficient.
The problem is not because the market is too efficient.
Re: Amazon’s Echo Chamber
#45Re: Amazon’s Echo Chamber
#46Earlier quoted context omitted.
And Netflix is not a delivery network?
Is Netflix making money yet or are they taking losses to grow?
They generated $231m in net income the last four quarters (while simultaneously dramatically expanding their expenditures on content acquisition and production).
Re: Amazon’s Echo Chamber
#47Echo seems really smart to me - the reason Amazon is in hardware is because they are terrified of 'ok google, order me lighbulbs', or 'hey siri, i need a new pair of socks' becoming the way people shop for things online. Amazon made Echo for 'alexa, order me wheat thins', and all the question answering and music playing is just window dressing.
Re: Amazon’s Echo Chamber
#48Echo seems really smart to me - the reason Amazon is in hardware is because they are terrified of 'ok google, order me lighbulbs', or 'hey siri, i need a new pair of socks' becoming the way people shop for things online. Amazon made Echo for 'alexa, order me wheat thins', and all the question answering and music playing is just window dressing.
Re: Amazon’s Echo Chamber
#49"No one makes money selling media for consumption anymore." Is that really true? No one makes money selling music, apps, or books on iTunes? Netflix doesn't make money selling a media consumption service? HBO doesn't make money selling premium content? Those are all examples of media. And they're all capable of making money for their creators and distributors.
The next two sentences are > That market is quickly and brutally dying. The media market is now so efficient that all profit is completely sucked out of the equation by the time you get to the consumption delivery system, to the point that it is barely possible to break even. I don't think he's claiming that copyright owners can't make money selling copyrighted material. It sounds like he's claiming that the delivery…