very expensive last year Lord of the Rings show on Amazon, Rings of PowerThere was a lot of hype that went into it. Yet after Amazon spent more than $450 million on lavish production, one report claims that less than half of the viewers who watched the first episode finished the entire series.
Amazon Prime, like basically any other streaming service in 2023, is desperately trying to persuade millions of people to watch the expensive content it continues to stream. As competition in the streaming market grows, as more content streams into services, costs rise, and subscription prices follow, it’s getting harder and harder to convince people to sign up or watch anything. And a new report shows that only 37 percent of viewers who watch an episode of Amazon Lord of the Rings: Rings of Power—most expensive TV show ever– stuck around to watch the rest. This is bad. But it’s even worse when you realize that the minimum stats Amazon wants for a show this size is close to 50 percent.
A report dated April 3 Hollywood Reporter It makes it clear that Amazon Prime’s TV and movie studio is a giant, expensive mess. The report claims that Amazon Studios chief Jennifer Salke was quick to strike big deals with big names to build Amazon’s talent pool. But many of these shows, like $140 million, fail to deliver. Daisy Jones and Six sherry. Although it charted well, insiders said HR Compared to the better-performing cheaper shows from Amazon and others, it didn’t get the “breakthrough record” they wanted, and the high price tag was weak. Meanwhile, the report claims that Salke is following the trends and that Amazon is hungry for more “safe hits.” Jack Reacher.
“They don’t learn from their mistakes,” said a source with a number of series executives who have experience working with the company. “[Amazon Studios execs go], ‘We can’t make deals like this any more.’ You turn around and they’re right back – the vulgar term is ‘fuck the stars’.
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Amazon relies too much on data, frustrating creators
Another ugly story in the report claims that Amazon Studios relies too heavily on data and focus groups, which has led to productions focusing on women or featuring LGBTQ themes being pushed into the background. An example cited in the report is A league of their ownstruggling to get the second season and when it succeeded, was only four episodes long.
“All this perpetuation of white men with guns – it’s a self-fulfilling prophecy,” said an Amazon Studios vet. Another added: “Relying on the data is heart wrenching… There’s never such a thing as ‘I know the test isn’t that good, but I believe it’.”
But since Amazon productions are underperforming, HBOs what’s left of us they saw their crowds grow And Netflix still dominates the streaming charts. Hollywood Reporter Pointing to Nielsen data from 2022, it showed that the top 10 shows were all from Netflix. menIt ranked 11th on Amazon Prime, an adult superhero show. And the most expensive show ever made, Amazon’s answer game of Thrones? number 15.
The report also claims that people who have worked or currently work at Amazon Studios describe it as a confusing and frustrating place to work. Most of these sounds eerily similar to those reported by Bloomberg in 2021 About Amazon Game Studios mess with details like executives making big deals, spending tons of money on big names or big bets, ignoring people who know better, and then cutting costs when it flops or bursts immediately.
While Amazon has a few shows and games that are currently performing well, it seems the company burn a lot of money Continuing to lag behind industry leaders like Valve, Netflix, Disney and Epic. But who knows, maybe another $30 billion will help!
