Digital Editoramazon: Last News

Todd Spangler NY Digital EditorAmazon chief executive officer Andy Jassy’s compensation last year totaled $212.7 million, a nearly sixfold increase from his pay package in 2020 when he headed the tech giant’s AWS division.Virtually all of Jassy’s 2021 comp — $211.9 million — was in restricted stock that vests over the next 10 years, according to Amazon’s proxy statement filed Friday. His base salary was $175,000, unchanged from the two prior years; in addition, Amazon paid $589,149 in security expenses for the CEO.Founder Jeff Bezos, who assumed the role of executive chair when Jassy took the helm July 5, earned a salary of $81,840 ​last year, the same as the two years prior, per Amazon’s filing.

Todd Spangler NY Digital EditorAmazon founder, chairman and CEO Jeff Bezos said the ecommerce giant’s $8.45 billion bid for MGM was driven by a desire to obtain the storied studio’s intellectual property — and create new offshoots based on that.“We’re looking forward to reimagining and developing the deep catalog of MGM,” said Bezos, speaking Wednesday at Amazon’s annual shareholders meeting.He continued, “The acquisition’s thesis here is really very simple: MGM has a vast, deep catalog of much-loved intellectual property.