Amazon is laying off a MASSIVE amount of entertainment employees in Prime Video, MGM and Twitch. Is The Lord of the Rings: The Power of the Rings partially to blame? Probably.
Additional Context:
Amazon recently announced significant layoffs across its entertainment divisions, including Prime Video, MGM Studios, and Twitch. Several hundred employees are affected by these cuts. The decision follows a broader trend of layoffs within Amazon, which had already seen reductions in various departments throughout 2022 and 2023. While these layoffs include the Twitch gaming service, it’s hard to directly attribute them to any specific project or decision, such as “The Lord of the Rings: The Power of the Rings.”
“The Rings of Power” experienced a decline in viewership and watch time as its first season progressed. Initial episodes of the series attracted significant attention, but this enthusiasm appeared to wane with each subsequent episode. A report from Variety indicated that there was about a 1% decrease in the minutes viewers spent watching the show each week. The most substantial drop-off occurred after the release of the first two episodes, where a 20% decline in viewership was observed, suggesting that many viewers did not continue with the series after the premiere.
The company stated that the layoffs are part of adjustments to focus on content and product initiatives that deliver the most impact, indicating a strategic shift rather than a reaction to a single project’s performance.
About Us:
Clownfish TV is an independent, opinionated news and commentary channel that covers Entertainment and Tech from a consumer’s point of view. We talk about Gaming, Comics, Anime, TV, Movies, Animation and more. Hosted by Kneon and Geeky Sparkles.
Disclaimer:
Opinions expressed by our contributors do not necessarily reflect the views of our guests, affiliates, sponsors, or advertisers. Clownfish TV is an unofficial news source and has no connection to any company that we may cover. This channel and website and the content made available through this site are for educational, entertainment and informational purposes only. These so-called “fair uses” are permitted even if the use of the work would otherwise be infringing.
#Amazon #Streaming #LordoftheRings #Podcast #Comedy #Entertainment #Hollywood #PopCulture #Tech
ClownfishTV.com strives to be an apolitical, balanced and based pop culture news outlet. However, our contributors are entitled to their individual opinions. Author opinions expressed in this article do not necessarily reflect the views of our video hosts, other site contributors, site editors, affiliates, sponsors or advertisers. This website contains affiliate links to products. We may receive a commission for purchases made through these links. We disclaim products or services we have received for review purposes, as well as sponsored posts.
