Reid is saying Amazon is paying half of what Netflix is paying for a tiny fraction of the latter's catalog and an even tinier fraction of Netflix's volume? If

Reid is saying Amazon is paying half of what Netflix is paying for a tiny fraction of the latter's catalog and an even tinier fraction of Netflix's volume? If that's what he's saying I'm hard pressed to think he actually believes it. Also, Amazon can afford to lose a bit (probably not a billion, though) on its streaming service if 1) more people sign up for Prime as a result and 2) Prime members buy more inventory from Amazon.