Amazon is losing three content execs to Apple

A total of three executives overseeing content have left Amazon.com Inc. for Apple Inc. , with the latest departures reported Thursday, according to an article in The Hollywood Reporter. Amazon stock is flat after hours at $1,175.43 and Apple stock is up a fraction to $175.15. Tara Sorensen has been at Amazon since 2012 and served as the head of kids programming, the Reporter said, and will serve the same role at Apple. Former Amazon international development executive Carina Walker and head of business affairs Tara Pietri are also leaving for Apple. Sorensen won an Emmy for youth programming series “Lost in Oz,” “Tumble Leaf” and nominations for “Annedroids,” the Reporter said. The three executives are expected to begin at Apple in January. Apple stock has gained 51% this year, as the S&P 500 index rose 20%. The Dow Jones Industrial Average , of which Apple is a component, has gained 25%.

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From:: Stock Market News

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