Miranda Wayland: Last News

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Amazon Has Contributed $6.1 Billion in Gross Value to U.K. Economy Since 2010, Company Says

Manori Ravindran Executive Editor of International Amazon has said its investments have contributed £4.8 billion ($6.1 billion) of gross value — and 16,000 jobs — to the U.K. economy since 2010. This covers the gamut of the online retail giant’s various subsidiaries, including Kindle Direct Publishing, Amazon Publishing, Prime Video, Audible, Amazon Fashion, Amazon Music and Amazon Games, among others. Overall, the company — which revealed the figures on Wednesday — has invested more than £4.2 billion in U.K. creative industries since 2010, and has doubled its investment since 2018. As Prime Video continues to embed in the U.K. creative sector, it can also count the British Film Institute as its next stop. A number of the streamer’s U.K.-shot originals, including “Good Omens” and “Clarkson’s Farm,” will be digitally preserved in the BFI National Archive as part of a new partnership. The Prime Video deal comes almost a year after Netflix reached a similar agreement to induct some of its own originals into the celebrated archive. That deal was struck in September, Variety understands.
variety.com

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