5 Major Brands You Might Not Realize Are Owned By Amazon
Key Points:
- Amazon is a vast conglomerate with a market value exceeding $2 trillion, owning numerous subsidiaries across diverse sectors including streaming, retail, film, and home security.
- Twitch, acquired by Amazon in 2014 for $970 million, has grown significantly from 392,000 to 2.11 million average concurrent viewers by 2026, and offers benefits to Amazon Prime users through Prime Gaming subscriptions.
- IMDb, purchased in 1998 for $55 million, remains a key resource for film and TV information and integrates with Prime Video to enhance the viewing experience with actor details.
- Whole Foods Market, acquired in 2017 for $13.7 billion, is Amazon's largest purchase and offers Prime members discounts and online grocery shopping with delivery or pickup options.
- Amazon's $8.5 billion acquisition of MGM Studios in 2022 added a vast film catalog and major franchises to its portfolio, while the purchase of Ring LLC in 2018 expanded Amazon's presence in home security despite privacy controversies.