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Amazon delivered 9 billion items on the same or next day in 2024

Most American adults have a Prime membership. Jeffrey Bezos — congratulations, you did it!

Box clever

Ahead of its Q4 earnings on Thursday, Amazon has already been delivering some blockbuster figures this week, revealing on Tuesday that it shipped a staggering 9 billion items the same or next day last year

Bezos’ big box giant also announced that Prime members around the world saved almost $95 billion on free delivery last year, while US subscribers saved $500 on average — almost 4x the annual price of Prime, the retailer was keen to point out.

Amazon Prime, which celebrates its 20th anniversary this year, has grown and morphed in the years since its inception. In 2011, the company let paying users access 5,000 films and TV shows, kickstarting what we know today as Prime Video; it launched Prime Music in 2014; teamed up with GrubHub to offer subscribers free food delivery in 2022; and obviously still provides its all-important same- and next-day delivery service. For better or worse, it’s become a subscription that many Americans choose not to live without.

Prime numbers

According to estimates from Consumer Intelligence Research Partners, the number of US shoppers who use Prime — not paid subscribers, just those who access a membership — hit a record 194 million by the end of 2024. The stat’s made even more impressive by the fact that just two years ago, the same firm declared that subscribers to Amazon’s flagship service were plateauing, a charge that Amazon publicly disputed at the time.

Amazon hasn’t commented on this latest release from CIRP, but then, why would it? The 194 million figure would mean that over 75% of US adults were using Prime in 2024, per Census Bureau data — a pretty healthy market share by anyone’s standards.

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Netflix is down amid reports it’s leading the Warner Bros. bidding war as Paramount cries foul

Netflix’s charm offensive appears to be working.

Netflix is reportedly emerging as the leader in the bidding war for Warner Bros. Discovery after second-round bids this week, edging out entertainment juggernaut rivals Comcast and Paramount Skydance.

Investors don’t appear psyched by the streaming leader’s turn of fortune: the stock is down on Thursday morning, a day after closing down nearly 5% following reports that scooping up HBO Max wouldn’t necessarily result in a big market share boost.

Paramount, which has reportedly made five bids for Warner Bros. Discovery, doesn’t love the current state of play, either. The company sent WBD a letter questioning the “fairness and adequacy” of the process, highlighting reports that WBD’s board favors Netflix and is resisting Paramount.

Any offer would be subject to regulatory approval — a fact that may have weighed against Netflix’s offer given that cofounder Reed Hastings’ politics are vocally to the left, very much at odds with the current regulatory regime. Paramount seems confident in its ability to get approval, reportedly boosting its breakup fee to $5 billion should its potential acquisition fall apart in the regulatory process.

Investors don’t appear psyched by the streaming leader’s turn of fortune: the stock is down on Thursday morning, a day after closing down nearly 5% following reports that scooping up HBO Max wouldn’t necessarily result in a big market share boost.

Paramount, which has reportedly made five bids for Warner Bros. Discovery, doesn’t love the current state of play, either. The company sent WBD a letter questioning the “fairness and adequacy” of the process, highlighting reports that WBD’s board favors Netflix and is resisting Paramount.

Any offer would be subject to regulatory approval — a fact that may have weighed against Netflix’s offer given that cofounder Reed Hastings’ politics are vocally to the left, very much at odds with the current regulatory regime. Paramount seems confident in its ability to get approval, reportedly boosting its breakup fee to $5 billion should its potential acquisition fall apart in the regulatory process.

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Delta says the government shutdown will cost it $200 million in Q4

The 43-day government shutdown that ended last month will result in a $200 million ding for Delta Air Lines, the airline said in a filing on Wednesday.

That’s about $100,000 per shutdown-related canceled flight. (Delta previously said it canceled more than 2,000 flights due to FAA flight reductions.) When the company reports its fourth-quarter earnings, the shutdown will lop off about $0.25 per share.

Delta initially stayed calm about the shutdown, with CEO Ed Bastian stating in early October that the company was running smoothly and hadn’t seen any impacts at all. One historically long shutdown later, Delta wasn’t able to remain untouched.

The skies have since cleared, though, and Delta’s filing states that booking growth has “returned to initial expectations following a temporary softening in November.”

Delta’s shares were up over 2% as of Wednesday’s market open.

Delta initially stayed calm about the shutdown, with CEO Ed Bastian stating in early October that the company was running smoothly and hadn’t seen any impacts at all. One historically long shutdown later, Delta wasn’t able to remain untouched.

The skies have since cleared, though, and Delta’s filing states that booking growth has “returned to initial expectations following a temporary softening in November.”

Delta’s shares were up over 2% as of Wednesday’s market open.

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