The worst thing about Amazon's new releases for November 2018 is that they're not Amazon's new releases for October 2018. There's no way around it: October is the best time of year and Amazon realized that with a super sized list of new releases for the Halloween season. November is undoubtedly not hte same. That doesn't mean it has nothing to offer.
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Investors should also know that the Amazon Prime-heavy subscription business surged 55% to reach $3.41 billion in Q2. Beyond shipping and delivery deals, users have access to Amazon Prime Video, which competes directly against Netflix (NFLX - Free Report) . The firm has reportedly committed to spend $5 billion a year on original and licensed content as the streaming war heats up.
A subscription service designed expressly for ages 3 to 12, FreeTime Unlimited curates kid-friendly apps, e-books, games, movies, TV shows and other content. It's compatible with Kindles, Fire tablets and the Fire TV, and it includes parental controls for things like setting time limits, adjusting content filters, and reviewing any photos taken with the tablet.
On July 15, 2015, to commemorate its 20th birthday, Amazon celebrated "Amazon Prime Day", which Amazon announced would feature deals for prime members that rivaled those on Black Friday. Also that month Amazon Prime announced that it would be signing Jeremy Clarkson, Richard Hammond, and James May, formerly of BBC's Top Gear, to begin working on The Grand Tour, due to be released in 2016. On July 13, 2016, Amazon Prime said customers placed 60 percent more orders worldwide on "Prime Day".
Amazon probably isn’t the only reason Netflix (NASDAQ:NFLX) is spending $13 billion on content this year — but it’s one of the biggest reasons. The goal of Netflix’s content strategy is clear. Netflix wants to give subscribers everything they want — and more content they perhaps didn’t even know they wanted. That will drive subscriber growth and cement Netflix’s dominance in the space. From there, Amazon, Disney (NYSE:DIS), Facebook (NASDAQ:FB), and everyone else can play for second.
In April, Bezos announced that Prime membership had exceeded 100 million paid members worldwide. Bezos unveiled the figure in his annual shareholder letter — published since 1997 and widely considered a must-read among executives and business leaders around the globe — and noted that in 2017, Prime gained more new members than in any previous year. By comparison, Netflix at the time had 125 million subscribers.
After acquiring Whole Foods, Amazon immediately slashed the supermarket's prices on select food items. Mot recently, it announced that Prime members can enjoy exclusive savings at Whole Foods locations nationwide. In addition Prime members with an Amazon Rewards Visa Card can get 5 percent back on their Whole Foods purchases. (Non-Prime members will get 3 percent back). That's in addition to the 5 percent they already earn on Amazon.com purchases, 2 percent at restaurants, gas stations, and drugstores, and 1 percent back on all other purchases. Amazon also announced free 2-hour Whole Foods deliveries via the company's Prime Now service. Deliveries are available in select cities only.
In 2012, Amazon announced the launch of Vine.com for buying green products, including groceries, household items, and apparel. It is part of Quidsi, the company that Amazon bought in 2010 that also runs the sites Diapers.com (baby), Wag.com (pets), and YoYo.com (toys). Amazon also owns other e-commerce sites like Shopbop.com, Woot.com, and Zappos.com.