Why Amazon Prime Video Doesn’t Need to Beat Netflix or Disney+
The company, which competes with services like Amazon Prime Video and Disney+Hotstar in India, said users will always be in control of how much content is downloaded to their device #Netflix
Content budgets in 2020: Netflix $18.5 billion Amazon $8.5 billion Apple TV+ $6 billion Hulu $4.5 billion Disney+ $2.5 billion HBO Max $2 billion Peacock $1.5 billion Quibi $1 billion CBS All Access $1 billion Source: Bloomberg Intelligence
If Amazon and Disney can pay $15 an hour, so can McDonald's, which made $5.1 billion in profits last year. My message to McDonald's CEO Steve Easterbrook: No one in America, especially those working for a profitable corporation like McDonald’s, should be living in poverty.
I am excited to announce that on July 16 we will hold a live streamed town hall with workers from Amazon, Disney, McDonald’s and Walmart. I hope their CEOs will have the guts to sit on a panel with their own employees.