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Amazon CEO Says Video Games Could Become the Largest Entertainment Business
The early response to the company’s game New World, which debuted a week ago, is positive.
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Amazon.com Inc. had long struggled to make a good video game. Now that it finally has a hit release, the company is predicting a bright future for that business.
Games could end up being the largest entertainment category over the long haul, Andy Jassy, the chief executive officer, said Tuesday at a technology conference. It’s a bold pronouncement for a company with almost a decade of failures in gaming and one that just renewed its commitment to the movie business in the form of an $8.45 billion acquisition of Metro-Goldwyn-Mayer.