Amazon’s costs for video and music content last year hit $13 billion, up around 18%, representing a slowdown from its spending binge in 2020. The ecommerce giant disclosed total video and music expense for 2021 in its annual SEC filing Friday. That total is compared with $11 billion the year […]
Billion
U.K. Reveals Record $7.6 Billion Spend on Film, TV Production
In cheering news for the British entertainment business, film and high-end television production spend in the U.K. reached over £5.64 billion ($7.65 billion) in 2021, £1.27 billion higher than in the pre-pandemic year 2019. Official figures published on Friday by the BFI’s Research and Statistics Unit reveal that film production […]