Amazon Believes This Could Be Bigger for Its Business Than Movies
New World is a video game created by Amazon (NASDAQ: AMZN). After being delayed for over a year, it finally launched on Sept. 28. This isn't the first time Amazon's made a video game, but New World is off to a better start than its predecessors. And CEO Andy Jassy hopes it's just the beginning of a long-term trend. That's because Jassy believes video games could be Amazon's biggest category in entertainment in time.
However, some Motley Fool contributors have their doubts. In this video from Motley Fool Backstage Pass, recorded on Oct. 11, Jon Quast and Jose Najarro talk with analyst Sanmeet Deo about how, despite an apparent competitive advantage in gaming with its Twitch platform, Amazon hasn't been able to leverage this to its advantage in the past. And that might open the door for a company like Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and its YouTube Live platform.
Source Fool.com
