Amazon CEO Andy Jassie's two-year tenure has so far been defined by a cost-cutting spree

as you know slashing jobs and projects.

He's reportedly now taking a hard look at the Hollywood studio and that is the focus of today's

tech check with dear Durbosa morning D

good morning Carl well hardly surprising that Andy Jassie is looking to

streaming as a way to cut costs Amazon Studios has spent tens of billions of

dollars on original content over the last 10 years,

culminating with Lord of the Rings and Citadel, two of the most expensive shows of all time.

Now success has been mixed. Amazon itself talks up originals or says that they need more time to capture audiences.

But many of their biggest series failed to crack Nielsen's top 10 most stream programs

in the US and they rarely enter that prestige TV conversation.

Now Jasey as you guys noted has cut back on spending in other areas like devices and

telehealth and he has also overseeing the largest job cuts at Amazon in its history, but it is

important to note that this report from Bloomberg does not say that Jassy is

pulling back and streaming, but that he is taking a hard look at the finances of it.

Back in 2021, Jeff Bezos, that was his last shareholder meeting as CEO.

He was asked if Amazon had found the fourth pillar of its business, the first three being e-commerce,

prime, and cloud.

Now he said at the time, no fourth pillar yet, but he did hint at a few contenders.

They were Amazon Alexa and Amazon Studios, a streaming business.

So there are four characteristics

he also said earlier in 2014 of these pillars.

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