Category: prime video

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Amazon ramped up content spending to $16.6B in 2022, including $7B on originals

By News Curator

Amazon detailed the costs of its content business during its fourth-quarter earnings on Thursday, citing that its content expenses jumped to $16.6 billion in 2022, a 28% increase from $13 billion in 2021. According to Chief Financial Officer Brian Olsavsky, around $7 billion of that figure went towards Amazon Originals, live sports programming, and licensed third-party…

Amazon is working on a standalone app for sports content, new report claims

By News Curator

Amazon is developing a standalone app for watching sports, according to a new report from The Information. The move signals Amazon’s continued push toward investing in Prime Video and live sports content. If released, the standalone app would better highlight Amazon’s sports content, which is currently included in the company’s main Prime Video platform. The…

Amazon introduces a $7.3 annual Prime Video subscription tier in India

By News Curator

Amazon has introduced a new price tier for Prime Video in India, making the on-demand video streaming service even more affordable as it races to win more customers in the South Asian market where it competes with giants including Disney’s Hotstar and Netflix. The e-commerce group said it will offer the yearly subscription to Prime…