CNBC Investing Club

Amazon CEO says Prime Video could become 'standalone business,' stands by layoffs

Andrew Ross Sorkin speaks with Amazon CEO Andy Jassy during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City.
Michael M. Santiago | Getty Images

Amazon (AMZN) could potentially spin off its Prime Video streaming unit as a separate company, CEO Andy Jassy said Wednesday.

During a wide-ranging interview at The New York Times' DealBook Summit, Jassy said that "overtime we have opportunities to make our Prime video business a standalone business that has very attractive economics."