Amazon s Andy Jassy.
Incoming CEO Andy Jassy isn’t likely to make big studio moves but has built ties with Hollywood while running the tech giant’s web services division.
You’ll have to forgive anyone in Hollywood whose response to the Feb. 2 news that Andy Jassy will replace Jeff Bezos as Amazon CEO was, “who?”
An Amazon lifer, Jassy spent nearly two decades running the Seattle e-commerce giant’s highly profitable cloud-computing division, a role that hardly put him in a position to rub elbows with the creatives making films and TV shows for Amazon Studios. But Jassy’s appointment to the CEO role, which will take place during the third quarter when Bezos becomes executive chairman, should have little impact on the company’s entertainment business, Amazon insiders say.
When Jeff Bezos announced plans to step down as Amazon’s CEO, discussion immediately turned to his legacy and to what degree he revolutionized not only e-commerce but also real estate.
Over the years, Amazon bought out space once occupied by traditional department stores for its offices, started a partnership with Realogy (later suspended due to COVD-19) and acquired over 318 million square feet of real estate across the world for company operations. When the company announced that Amazon would be opening its second headquarters in New York’s Long Island City and later pulled back on the decision amid criticism from local lawmakers, real estate prices fluctuated in tandem with the news.
Los multimillonarios que lideraron las mayores ofertas inmobiliarias en Estados Unidos larepublica.co - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from larepublica.co Daily Mail and Mail on Sunday newspapers.
Jeff Bezos, Jeffrey Katzenberg and David Geffen led 2020 s Biggest Real-Estate Deals
12/28/2020 | 03:21pm EDT
Send by mail :
Message :
By Katherine Clarke Many U.S. billionaires got richer during the pandemic, thanks in part to the recovery of global stock markets. It s perhaps unsurprising then that, while individual markets were impacted to dramatically different degrees, the ultra-high end of the real-estate market didn t crash in 2020 as a result of the Covid-19 crisis. While the New York City market took a gut punch as wealthy Manhattanites fled the city, markets such as the Hamptons, Greenwich, Conn., Palm Beach and Los Angeles boomed. Local realtors attributed that uptick in part to the increasing fortunes of the wealthiest Americans, a desire by the rich to get out of densely populated environments and a rise in the number of people who wanted to upsize to larger homes with space for work-from-home friendly amenities like offices and gyms.