• Amazon spent $1.7 billion on video and music in Q1

    Amazon.com Inc. said it spent $1.7 billion on video and music content during the first quarter of this year, the first time the technology and retail giant has itemized the growing cost of providing streaming services to consumers.In a filing with the Securities and Exchange Commission, the Seattle company said it spent $1.5 billion on video and music during the same period in 2018. That sum includes the cost of licensing content and producing original filmed and musical offerings, as well as ot

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