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Published by BARONMAG
Amazon is moving into every sector from groceries to health care, but it’s clear that dominating the media business is also a priority.
Why it matters: Not only is Amazon competing against digital media companies for ad revenue — they’re challenging Hollywood studios for box office dominance, gobbling video distribution deals from cable companies, and launching social media and messaging networks to compete with the other major tech platforms. And their strategic investments to make money in these areas show no sign of slowing down. continues at axios.com