Netflix CEO: Amazon's Losing Upwards Of A Billion Dollars On Streaming

I don't get it. Is he saying Amazon is LOSING that much or SPENDING that much? There's a big difference. If it's the amount spent, obviously they're going to recuperate some of that by the fee for Prime. But if they're losing that much in addition to their expenditure, then yeah that's a problem. I think he should focus on his company's problems first rather than take jabs at Amazon. I'm a member of both, and neither side is winning to be honest in terms of content, but with Amazon I get the free shipping in addition to Streaming.

"Amazon has gone into the business of rivaling Netflix, but they're giving away tons of it for free to Amazon Prime members."

How the hell are they giving it away "free". You HAVE to be a paid prime subscriber to get them. How is that, in any way, free. Hell I got amazon prime free for 6 months with amazon student and I couldnt stream!

Nothing free about it

I agree with samwelaye - I don't know about them giving it out for free. If I was to look into the streaming, it requires an upgrade fee of $39 per year. Which is cheaper than the $8 per month that Netflix charges. But $39 is only an offer to some people, not everyone I think. Given the two I would choose to pay for Amazon prime considering the free two day shipping however.

Achimel its only $39 for Amazon Student users, meaning people paying for credits and having a valid .edu email address. Otherwise, its 80.

They've started pinching the pennies quite a bit recently. I noticed the other day that I will no longer be able to access the songs in my 'free' Amazon Cloud Player. I have to reduce it to 250 songs, or nothing will work. Oh well... I never played them anyway - might as well just delete it all.

I somehow highly doubt those numbers. Amazon isn't stupid enough to just have a money sink like that. Or if they are actually losing money by streaming they are making it up elsewhere with the Amazon prime subscription.