Amazon CEO Says Prime Video is Profitable and Poised to Earn Billions
WHO:
TechCrunch - Andy Jassy is Amazon’s CEO.
TechCrunch - Amazon owns Prime Video and MGM.
GeekWire - Andy Jassy said Amazon’s AWS and stores businesses could each reach $1 trillion in annual revenue.
WHAT:
TechCrunch - Jassy said Prime Video has “a revenue run rate in the tens of billions of dollars and is now profitable in its own right.”
TechCrunch - The success of the movies *Project Hail Mary* and *Verity* is part of the explanation for Prime Video’s performance, Jassy said.
TechCrunch - Amazon bought MGM for $8.5 billion.
GeekWire - AWS has an annual revenue run rate of $184 billion.
GeekWire - Jassy expects AWS to grow more than 40% in both 2027 and 2028.
GeekWire - Jassy said no business has ever reached $1 trillion in annual revenue.
WHEN:
GeekWire - Jassy said AWS and Amazon’s stores business could each reach $1 trillion in annual revenue within the next five to 10 years.
WHY:
TechCrunch - Jassy pointed to the success of *Project Hail Mary* and *Verity* as part of the story behind Prime Video’s financial performance.
HOW:
TechCrunch - Jassy described Prime Video’s financial scale using its revenue run rate and said it is profitable independently.
GeekWire - Jassy’s projected growth for AWS and Amazon’s stores business was framed in terms of annual revenue.
(UPDATED October 30, 2026 10:35 UTC)
Amazon CEO Andy Jassy says AWS and its stores could each reach trillion-dollar annual revenues within a decade. AWS generates $184 billion annually. Prime Video is profitable, with revenue in the tens of billions, Jassy says.
--
(UPDATED October 30, 2026 04:01 UTC)
Amazon CEO Andy Jassy says Prime Video is now profitable on its own, with revenue running in the tens of billions of dollars. He credited the success of *Project Hail Mary* and *Verity* as part of the reason, after Amazon bought MGM for $8.5 billion. Jassy says AWS, now at a $184 billion annual revenue run rate, and Amazon’s stores business could each reach $1 trillion in annual revenue within five to 10 years, and he expects AWS to grow more than 40% in both 2027 and 2028.