Amazon Prime delivers nice revenue for 2016, doesn't cover net shipping costs yet
Amazon’s Prime program, digital music, video, e-book and audiobook subscription revenue totaled $6.4 billion in revenue for 2016, up from $4.47 billion in 2015. That category, detailed for the first time as retail subscription services, hints at how much money Amazon makes from its Prime subscriptions. The catch? Even if you assume 100 percent of Amazon’s retail subscription revenue is Prime the annual revenue tally doesn’t cover […]