Amazon swung to a $3.8 billon loss in the first quarter with CEO Andy Jassy telling shareholders the pandemic and subsequent war in Ukraine have brought unusual growth and challenges.
Amazon closes MGM deal
Amazon has completed the $8.45 billion acquisition of MGM.
EC approves Amazon MGM acquisition
The European Commission (EC) has approved unconditionally, under the EU Merger Regulation, the proposed acquisition of MGM by Amazon.
Amazon Prime Video overtakes Netflix in Germany
Amazon’s streaming service is extending its lead over Netflix in Germany.
Movistar+ adds Prime Video
Amazon and Telefónica’s Movistar+ have consolidated their partnership to include Prime Video in the Spanish platform.
Amazon’s Echo Show 15 supports 1080p video streaming
Amazon is introducing a new version of its Echo Show that can stream content in 1080p Full HD from Prime Video, Netflix and Hulu.
Amazon confirms own range of smart TVs
Amazon has announced a new line-up of Fire TV devices including a range of Amazon-built smart TVs.
Citizen groups urge stop to MGM acquisition by Amazon
A coalition of citizen groups has urged the Federal Trade Commission (FTC) to block Amazon’s $8.45 billion purchase of MGM in order to slow Amazon’s growing dominance.
Amazon prepares to take on French Ligue 1 coverage
Amazon has given details of its coverage of its line-up as it prepares to take over the broadcast of the French football league.
Netflix and Amazon take on the studios
Netflix and Amazon are scaling up in order to compete directly with studios, according to the findings of a new report by Ampere Analysis.