You're quite possibly right though. The 4oD app (British TV channel's streaming service) also blocks Airplay for licensing reasons.
If I had to guess, it would be that they have some sort of proprietary DRM going on and have their own player for it.
In most of these cases, it was due to contracts that were made 5-10+ years ago that gave some company the exclusive rights to their video on various size screens (e.g., 'screens less than 5" diagonally'), or even TV/'Not TV'. Sometimes it was even split up between companies across 3 or 4 different ranges of screen sizes.
In some cases, we had to build the apps to use Company A video streams on iPhones, and Company B streams on iPads. To make things worse (at least for the consumer), sometimes the app was allowed to AirPlay from the iPad but not from the iPhone, or even not at all, because of these contracts.
As others have commented, it's a licensing issue.
One workaround is loading the Amazon Video Player in Safari on a Mac, then mirroring the display on AppleTV. Looks best in full screen mode.