Amazon To Roll Out Ads on Prime Video in 2024
September 25, 2023
Amazon’s Prime Video will introduce ads and a higher-priced ad-free tier in 2024, targeting markets including the U.S., UK, Germany, and Canada initially, followed by other countries later in the year. The ad-free tier will cost an additional $2.99 per month in the U.S. Growth in subscriber numbers for ad-supported plans has been slow, prompting platforms like Netflix and Disney to reevaluate pricing and offerings to incentivize ad-supported subscriptions.
Recent News
Indeed Announces 1,000 Workers Will Be Laid Off
The job search engine is experiencing some layoffs of its own.
Walmart To Lay off Hundreds of Corporate Staff Members
Walmart is set to lay off hundreds of its corporate staff members. The retail giant will also ask their remote workers to return to the office on a hybrid schedule.
Diamond Industry Shakeup: Anglo Divorces De Beers
The diamond industry is facing a seismic shift as Anglo American Plc announces plans to part ways with its iconic De Beers business.
Home Depot’s First-Quarter Revenue Disappoints
Home Depot, a major player in the home improvement retail sector, recently released its fiscal first-quarter earnings, revealing a complex picture of consumer behavior influenced by economic factors. While the company’s earnings per share exceeded expectations, its revenue fell short, indicating a trend of deferred spending among customers.