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...Tech earnings reach a peak this week with figures from Apple, Google-owner Alphabet, Amazon.com, Microsoft and Meta....
...Amazon’s Lord of the Rings spin-off, The Rings of Power, was reported to have been one of the most expensive TV shows made on a cost per episode basis....
...We’re not going to mention Amazon blowing $1bn on Rings of Power, because some of us actually quite liked it (ducks)....
...A: Financial Times As ever, feedback/pleas/angry missives to alphaville@ft.com....
...Yesterday, Meta, Amazon and Apple had their turn, and they didn’t disappoint either. One highlight was Meta’s stock....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. Bonds Everywhere you look, long bond yields are busting out....
...“The big retailers — Amazon, Walmart — are search- and convenience-based....
...Along with home security devices such as video-recording doorbell Ring and home robot Astro, Amazon has pushed to integrate its products into the home....
...A deal with Amazon could deliver lucrative royalties. Although no figures have emerged, as an idea, the ecommerce goliath spent $250mn on the TV rights for Lord of the Rings....
...An $8.45bn deal to acquire the storied movie studio MGM illustrated Amazon’s aspirations in video content, as did spending $1bn creating a Lord of the Rings TV series and billions more on sports rights including...
...It’s sort of like a criminal version of Amazon web services. You know, the story of how Amazon turned a huge cost base, its millions of servers, into a service it could rent out to others....
...elaine.moore@ft.com...
...Or, like Lord of the Rings two decades ago, can it manage to do both?...
...Olsavsky said 25mn people had watched Prime Video’s Lord of the Rings spin-off, Rings Of Power the first day it was released. The series cost a reported $1bn to produce....
...and its Ring home security cameras....
...Lord of the Rings: The Rings of Power is an expensive, glossy illustration of the investment Amazon is making in benefits for customers who pay for Prime subscriptions....
...The streaming service’s Lord of the Rings TV show is hailed as the most expensive series ever made....
...A nice ugly chart from Bespoke: But the biggest after-hours mover was Amazon, down 13 per cent after an earnings report that disappointed even more than the Rings of Power....
...Amazon turned several floors of one of its offices in Seattle into a homeless shelter, while Wall Street keeps getting more residential....
...Just go to FT.com/unhedgedoffer. I’m Ethan Wu. Thanks for listening....
...Within Amazon, Roombas will join Echo smart speakers and Ring smart doorbells in the devices and services business....
...The acquisition adds to the US tech conglomerate’s selection of other products for the home, such as its Alexa smart speaker and Ring doorbell....
...The company has splashed out on rights to broadcast Premier League and Champions League football, as well as the creation of a new Lord of The Rings TV series....
...richard.waters@ft.com...
...They are either freaked out by the random request to chat and let it ring off or else are locked into another dratted video call....
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