Amazon Spent $13B on Video, Music Content in 2021

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Amazon Spent $13B on Video, Music Content in 2021
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The cash was spent on original shows for Prime Video and for paying musicians through Amazon Music.

As the streaming video wars heat up, the amount of cash the major players spend on content is rising accordingly.spent $13 billion on video and music content in 2021, a $2 billion increase from 2020 when it spent $11 billion on content.

“Total video and music expense includes licensing and production costs associated with content offered within memberships, and costs associated with digital subscriptions and sold or rented content,” the report said. In other words, it includes the cost of Prime Video shows likebroadcasts, as well as payments to musicians for its Amazon Music product.

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