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Amazon is on observe to spend at the least $4.5 billion on video this yr, in response to analyst estimates, whereas Netflix plans to spend $8 billion on content next year. That is closing the gap on Disney, which spent $thirteen.5 billion on content material, half of that on sports activities, within the newest fiscal yr, based on analysts. CBS’ fourth-quarter earnings beat analyst expectations. For the quarter that ended Dec. 31, CBS reported eleven{d77a25e3365f9161ab9cf4dbf3e9940a3d7384d84c33057f6ce81e277d9e3629} higher revenue to a file $three.9 billion. Much of the increase came from content licensing and distribution sales, which soared 33.four{d77a25e3365f9161ab9cf4dbf3e9940a3d7384d84c33057f6ce81e277d9e3629} to $1.19 billion for the quarter. Find showtimes, watch trailers, browse photographs, observe your Watchlist and rate your favorite movies and TV exhibits in your cellphone … Read more