Big take-away: "Amazon is using content as a driver for its Prime subscription business," said Blair Westlake, former head of Microsoft Corp.'s media and entertainment practice. "But you don't need to own a content company to get access to content. You can write a big check and not take on the risk of running a production company. Making TV shows and movies requires a big roll of the dice, and most of those projects fail."
Source : http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-time-warner-white-knight-fox-20140722-story.html