‘Amazon’ Tagged Posts

NBC exec Jennifer Salke named head of Amazon Studios

Amazon Studios has lastly discovered a alternative for Roy Worth after the manager stepped down in mid-October over sexual harassment claims. Jenni...

 

Amazon Studios has lastly discovered a alternative for Roy Worth after the manager stepped down in mid-October over sexual harassment claims. Jennifer Salke will probably be filling within the prime spot on the on-line studio after serving for six years as NBC’s Leisure President.

“We’re thrilled to announce that Jennifer Salke will probably be becoming a member of us because the Head of Amazon Studios,” Amazon stated in an announcement offered to Exadrive. “Jen brings together with her a protracted and spectacular monitor file within the leisure business — and we’re excited to have her be part of Amazon.”

Salke steps in at a very tumultuous time for the Studio. Whereas Amazon’s had its share of crucial darlings together with Clear and the brand new sequence, The Marvelous Mrs. Maisel, the service primarily cleaned home after Worth’s exit, placing the kibosh on One Mississippi, I Love Dick and Jean-Claude Van Johnson, a comedy automobile for 90s motion star Jean-Claude Van Damme that had solely just lately launched.

On the time, the service was reportedly making a shift towards extra mainstream fare beneath marching orders from Jeff Bezos, moderately than the award fodder the corporate had beforehand targeted on. Hiring a prime govt from a NBC actually seems to verify that course. Although Salke additionally fostered some crucial darlings throughout her time, together with, notably, The Good Place and perennial tear-jerker, This Is Us.

Salke’s new function finds her reporting to Amazon SVP Jeff Blackburn. “What stood out about Jen was the deep relationships she has nurtured with creators and expertise over her profession, spanning NBCU, Twentieth Century Fox, and Aaron Spelling Productions,” Blackburn says within the assertion. “She’s constructed an impeccable popularity as an enormous chief who emphasizes creativity, collaboration, and teamwork.”  

As the top of the studio, Salke will probably be tasked with overseeing each scripted sequence and movie tasks for Amazon.

“I’m extremely excited in regards to the future at Amazon Studios.  Within the studio’s comparatively quick existence they’ve innovated, disrupted, and created characters which can be already an indelible a part of pop-culture,” Salke says, “NBC has been a tremendous dwelling – creatively, professionally and personally – and I depart there realizing that the work we did had groundbreaking influence.”

Featured Picture: Gabriel Olsen/FilmMagic/Getty Pictures

Amazon shares climb on Kindle e-book optimism

 

Amazon shares climb on Kindle e-book optimism
Amazon.com Inc.

shares rose more than 4 percent on Tuesday after a note Analyst fueled optimism about the company’s Kindle e-book business.

The market for e-book is much larger than previously thought, and the owners of the Kindle e-readers and tablets are reading more e-books, Morgan Stanley’s Scott Devitt, a leading Internet and e-commerce analyst told investors in research note.

Devitt estimated global sales unit e-book $ 859 million in 2012, a significant increase compared to a previous estimate of 567 million euros. With nearly 45 percent of the e-book market, Amazon probably 383 million e-books sold last year, against a previous estimate of 252 million euros, the analyst added.

broader strategy

Amazon is selling mobile devices at or near cost and make money when consumers buy gadgets to digital content, including e-books, music, videos, applications and games.

Devitt said Wednesday that the strategy can work with e-books, one of the oldest categories Amazon Digital.

“We initially assumed that the early adopters of eReader devices would be avid readers, and so the marginal buyer read less,” Devitt wrote.

However, the data show a recent presentation that Amazon Kindle consumers who purchased in 2011 4.6 times read e-books, on average, within 12 months of purchase gadget compared to 12 months for the unit, the analyst noted .

similar data from 2008, shows the consumer reading e-books 2.6 times as many Kindle device after purchase, on average, according to Devitt.

The success of Amazon’s Kindle business is important, because it is more cost effective than some of the other activities of the company, said Devitt.

Kindle The company, gadgets and tying digital content has generated about 11 percent of sales from Amazon last year and 34 percent of the company’s consolidated segment operating profit or CSOI, Devitt said. The CSOI is a measure of profitability followed closely Amazon.

“The Kindle is a free pool profit subsidizes investments in other growth initiatives,” Devitt wrote.

shares rose 4.1 percent to Amazon to $ 269.30 in afternoon trading Wednesday.