Amazon isn’t just gunning for Netflix — it’s going after ESPN, too

There’s one big reason why we shouldn’t dismiss either the online giant’s sports ambitions or its global Netflix competitor: Namely, Amazon’s $380 billion market capitalization, and the massive river of cash that spins out of its Amazon Web Services division, where hundreds of Fortune 500 companies store their data. It generates about $10 billion in revenue every year. – Matthew Ingram, Fortune via VentureBeat