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Today on The Dr Boyce Watkins Black Stock Market report, I wanted to talk about some of what's going on with Russia, Amazon and why the stock market took a dive today. The price of oil went up as the world worries about what will happen in the Ukraine. Also, Amazon has a billion dollar Lord of the Rings franchise on the way that shows how serious they are about getting into the streaming business. According to the Hollywood Reporter, #Amazon is making some big economic moves. he Hollywood Reporter has confirmed that Amazon will spend roughly NZ$650 million — $465 million in U.S. dollars — for just the first season of the show. That’s far above previous reported estimates that pegged the fantasy drama as costing an already record-breaking $500 million for multiple seasons of the show. “What I can tell you is Amazon is going to spend about $650 million in season one alone,” Stuart Nash, New Zealand minister for economic development and tourism, told Morning Report. “This is fantastic, it really is … this will be the largest television series ever made.”
By Dr Boyce Watkins4.7
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Today on The Dr Boyce Watkins Black Stock Market report, I wanted to talk about some of what's going on with Russia, Amazon and why the stock market took a dive today. The price of oil went up as the world worries about what will happen in the Ukraine. Also, Amazon has a billion dollar Lord of the Rings franchise on the way that shows how serious they are about getting into the streaming business. According to the Hollywood Reporter, #Amazon is making some big economic moves. he Hollywood Reporter has confirmed that Amazon will spend roughly NZ$650 million — $465 million in U.S. dollars — for just the first season of the show. That’s far above previous reported estimates that pegged the fantasy drama as costing an already record-breaking $500 million for multiple seasons of the show. “What I can tell you is Amazon is going to spend about $650 million in season one alone,” Stuart Nash, New Zealand minister for economic development and tourism, told Morning Report. “This is fantastic, it really is … this will be the largest television series ever made.”

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