Amazon.com Inc. CEO Andy Jassy is taking a hard look at how much the company’s Hollywood studio spends on original TV programming. In recent weeks, he has asked executives for detailed budget analyses of some of their biggest shows, according to people familiar with the matter, scrutinizing the studio’s ballooning costs and mixed track record with audiences.
The world’s largest online retailer is engaged in a companywide cost-cutting program, with plans to eliminate at least 27,000 jobs. Across Amazon, Jassy has also jettisoned 37 different projects deemed unnecessary.
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