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Web giant has had a few minor triumphs, but remains behind rivals such as Netflix, with Disney and Apple also making moves For a business so keen to emulate Hollywood, Amazon is putting in a matchless performance: it is embroiled in sexual harassment scandals and struggling to engage with audiences. It was the second post-Weinstein scandal to hit the studio, after its boss Roy Price quit last month in the wake of harassment allegations. Amazon must navigate these losses against a backdrop of below-par performance at its streaming business, where there have been too many multimillion-dollar failures. So a fortnight ago Jeff Bezos, the company's founder, announced a deal to . The mooted $1bn (£755m) cost – $250m for the rights, $750m to film six series, making it the most expensive TV show ever – illustrates the scale of Amazon's ambition and Bezos's growing frustration with the TV business. "Buying Lord of The Rings is completely against their previous strategy," said Tom Harrington, an analyst at the media consultancy Enders Analysis. "They are trying to buy their way out of their difficulties." Days before Amazon's announcement, Disney – which has made billions out of its shrewd acquisitions of Marvel, Pixar and Star Wars producer Lucasfilm – announced a trilogy of . Disney has also pulled its content from Netflix and is . Then comes Apple, with the deepest pockets of all, which has poached a string of top talent to invigorate its own TV and film ambitions. Apple's hires include Jamie Erlicht and Zack Van Amburg from Sony Pictures Television, the maker of Breaking Bad and co-producer of The Crown, as worldwide video chiefs, and Jay Hunt, who oversaw Channel 4's £75m poaching of , as creative chief of Europe. faux saint laurent bag

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