Oct 7, 2017

Amazon struggling to break through in Hollywood

Amazon CEO Jeff Bezos. Photo: Reed Saxon / AP

"Hollywood Glory Eludes Amazon," the Wall Street Journal's Ben Fritz and Joe Flint write on the front page:

  • What's new: "Amazon Studios has been stumbling when it comes to producing content that attracts audiences and buzz. The Hollywood arm of the online giant is pivoting away from dramas for adults but is struggling to define a new strategy."
  • What happened: "It has alienated high-profile content creators, who say executives have proven incapable — or unwilling — to smooth out conflicts that inevitably crop up during the shooting of a television show."
  • What's next: "Amazon Studios is taking steps to get back on track, such as developing shows intended to be more globally popular, cutting back children's programming and considering new leadership in its film unit."

P.S. "Wal-Mart Gets Back on the Growth Track: E-commerce is helping the retailing giant jump-start stalled revenue and profit growth," by Barron's Jack Hough:

  • "[T]here have been a string of ... acquisitions, experiments, and musings that are out of character for Wal-Mart ... Some seem out there, like having store employees deliver packages on their way home."
  • "Groceries are more than half of U.S. revenue, making Wal-Mart the country's largest grocer. ... The company ... has stores within 10 minutes of 90% of the U.S. population."
  • Why it matters: "None of this would matter if business at Wal-Mart's stores was deteriorating. But same-store sales have increased for 12 straight quarters."
  • Free link for Axios readers. Thank you, Barron's!

Go deeper

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 1 p.m. ET: 1,237,420 — Total deaths: 67,260 — Total recoveries: 252,944Map.
  2. U.S.: Total confirmed cases as of 1 p.m. ET: 312,762 — Total deaths: 9.132 — Total recoveries: 15,044Map.
  3. Public health latest: CDC launches national trackers and recommends face coverings in public. Federal government will cover costs of COVID-19 treatment for uninsured. Surgeon general says this week will be "our Pearl Harbor, our 9/11 moment."
  4. 2020 latest: "We have no contingency plan," Trump said on the 2020 Republican National Convention. Biden says DNC may have to hold virtual convention.
  5. States updates: New York Gov. Andrew Cuomo said the state "literally going day-to-day" with supplies.
  6. Work update: Employees still going to work face temperature checks, distanced work stations, protective devices and mass absences.
  7. What should I do? Pets, moving and personal health. Answers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk.
  8. Other resources: CDC on how to avoid the virus, what to do if you get it.

Subscribe to Mike Allen's Axios AM to follow our coronavirus coverage each morning from your inbox.

Cuomo says New York is "literally going day-to-day with our supplies"

New York Gov. Andrew Cuomo said in a press conference on Sunday that New York is struggling to maintain medical supplies while combatting the novel coronavirus — operating "literally" on a "day-to-day" basis.

Why it matters: New York City has become an epicenter of the coronavirus outbreak, facing mass quarantines and stay-at-home orders. Cuomo said Saturday that New York reported 630 new deaths in 24 hours — an "all-time increase" that beat the previous day's record of 562 deaths.

Illinois governor: "The president does not understand the word 'federal'"

Illinois Gov. J.B. Pritzker said on CNN's "State of the Union" Sunday that President Trump's comments about the federal government's stockpile of medical equipment suggest he "does not understand the word 'federal.'"

Why it matters: White House adviser Jared Kushner argued at a press briefing last week that the "notion of the federal stockpile was it’s supposed to be our stockpile; it’s not supposed to be state stockpiles that they then use."