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by lennixm
998 days ago
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1. Jeff Bezos no longer controls Amazon operations.
2. He doesn't own the company either, he owns a minority stake.
3. In what universe does Amazon come even remotely close to having a "quasi-monopoly" over the internet? This isn't true when limiting it to just e-commerce.
4. The majority of people actually prefer to watch ads over increasing prices. Streaming platforms ad-supported plans are MASSIVELY successful. |
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2. He owns a bit more than a minority stake, he owns (I've found several estimates, so I'm putting in a range here) between 9% and 12.5%. That's hardly a minority stake for a company worth nearly $1.5 trillion. He's the single largest shareholder.
3. Maybe not a full on monopoly, but AWS has the same market share in the cloud space as the next two providers combined. (MSFT + Google). That's as close to a monopoly as I can think in of a competitive industry without getting trust busted.
4. Most people I know would prefer to keep things the way they are - they pay for a premium service on top of already paying for Prime. If Amazon offered Prime Video for free but it was ad-supported, I'd be fine with that. I don't think I'm alone when I say that if I'm paying for a premium service (Video) on top of already paying for a service (Prime), Amazon shouldn't be allowed to triple-dip by selling ads.
Streaming platforms usually have ad-supported tiers, yes, but most of those are either free or very cheap.