Amazon Q2 Media Sales Spike 6%23 Jul, 2015 By: Erik Gruenwedel
Amazon continues to be a force as a retailer of movies and TV shows. The e-commerce giant generated $2.62 billion in North America second-quarter (ended June 30) media sales, up 6% from the prior-year period of $2.46 billion.
Media sales include books, music, movies, TV shows, video games and consoles, software and digital downloads.
In addition to Prime Instant Video, Amazon is a major retailer of DVD and Blu-ray, as well as electronic sellthrough via Amazon Instant Video.
Interestingly, international media sales dropped 12% (down 3% when factoring in currency exchange rates) to $2.09 billion, compared with sales of $2.38 billion in 2014.
Overall, net income was $92 million, compared with a net loss of $126 million a year ago. Net sales increased 20% to $23.18 billion, compared with $19.34 billion a year ago.
Amazon reiterated that original series “Transparent” became the most nominated comedy series at this year’s Emmys with 11 nominations, including outstanding comedy series and lead actor in a comedy (Jeffrey Tambor).
Tambor previously won a Golden Globe for his role as a transgender dad.
Amazon Original Series “Tumble Leaf” won five Daytime Emmy Awards, including outstanding preschool children’s animated program. Amazon Studios launched six new pilots for kids and debuted a second season of “Annedroids” on Prime Instant Video.