Key facts
- Prime Video is on track to generate tens of billions of dollars in revenue.
- Amazon MGM Studios has grossed over $1.2 billion globally this year.
- "Project Hail Mary" grossed an estimated $684 million worldwide.
- "Reacher" season 4 had 66 million global viewers in its first 28 days.
- "Thursday Night Football" averaged 17.7 million viewers for its first six games this season.
Amazon's Prime Video has become a significant and profitable business, with CEO Andy Jassy stating on Thursday's earnings call that the service is on track to generate tens of billions of dollars in revenue. This follows Amazon's $8.5 billion acquisition of MGM four years ago. The streaming service's success is bolstered by hit movies like "Project Hail Mary," which grossed an estimated $684 million worldwide and became Amazon MGM Studios' highest-grossing release, contributing to the studio's over $1.2 billion in global box office sales this year. Popular TV shows such as "Fallout," "The Boys," and "Reacher" also drive viewership, with "Reacher" season 4 attracting 66 million global viewers in its first 28 days. Sports broadcasts, including "Thursday Night Football" and "NBA on Prime," are also significant contributors to Prime Video's growth.