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How Best Buy Keeps Growing in The Age of Amazon

Best Buy’s shares are flying high heading into Black Friday, harking back to a time in the mid-2000s when the retailer was still opening new stores and was seen as more of a curiosity than a major threat. And smiling — at least, for now — is Best Buy CEO Hubert Joly, who delights […]

US Netflix Subscribers: No Downloadable Content Yet

Fans of Stranger Things and other popular programming might want to save content for later off-line viewing, but that’s something that Netflix is considering only for international audiences right now. It simply isn’t as valuable for domestic US audiences, the streaming giant said, given the penetration for broadband and Wi-Fi throughout the United States. In […]

Netflix, Amazon revenues to More Than Double

Data from Juniper Research has found that revenues from SVoD services, such as Netflix and Amazon, are set to more than double from $14.6 billion (€13bn) this year, to $34.6 billion in 2021. Netflix now sees US subscriber numbers level with leading network providers DirecTV and Comcast (47 million and 47.7 million respectively). Netflix saw […]

Amazon Passes Walmart As No.2 In Electronics

Amazon has become the second-largest retailer of consumer electronics in the world, behind only Best Buy. Charted by TWICE Magazine’s annual Top 100 Consumer Electronics Retailers report, comes less than 17 years after the e-tailer launched its first online tech store. In the process, the House That Jeff Bezos Built has leapfrogged multitudes of mighty […]

Amazon Takes on YouTube and Others

Amazon, which touts itself as Earth’s biggest store, has officially launched its bid to be the place to watch any kind of video under the sun. With the launch of Amazon Video Direct, open to any video creator, the e-commerce giant will compete head-to-head with Google’s YouTube for video-ad dollars and views as well as […]

Amazon Plans to Increase Investment in Video

Amazon‘s planning to “significantly” increase its spending in video content as it gets more serious about taking on Netflix in the online video-streaming space. During its earnings call with the press on Thursday, Amazon CFO Brian Olsavsky stressed that the company’s seeing better engagement and conversions from Prime members who use the video service, and […]

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