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 has completed the $8.45 billion acquisition of MGM.
The European Commission (EC) has approved unconditionally, under the EU Merger Regulation, the proposed acquisition of MGM by Amazon.
Amazon’s streaming service is extending its lead over Netflix in Germany.
Amazon and Telefónica’s Movistar+ have consolidated their partnership to include Prime Video in the Spanish platform.
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 has announced a new line-up of Fire TV devices including a range of Amazon-built smart TVs.
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 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 are scaling up in order to compete directly with studios, according to the findings of a new report by Ampere Analysis.