Amazon Prime Video announced that it will launch a range of new shows and movies across several genres over the next two years, including the new seasons of its five popular shows such as 'Paatal Lok'
Revenue growth for multiplexes will slow down to 10-15 per cent in FY25 from the 20-24 per cent expected in FY24, a domestic ratings agency said on Wednesday. The profit margins will widen marginally, but will continue to be lower than the pre-pandemic levels due to the competition faced by the industry from over the top service providers like Netflix and Amazon Prime, the report by Crisil Ratings said. The topline will grow 10-15 per cent to Rs 7,300 crore in FY25, it estimated, adding that in FY24, the revenue growth was higher due to a slew of big-budget releases, especially from Hindi films like Gadar 2 and Jawan, it said. The operating profit will grow by 4 percentage points to 14 per cent in FY24 on the rising revenues, and will widen further to 15 per cent in FY25, the agency said. "But that number (margins) will still be lower than the pre-pandemic level of 18-20 per cent, given the competition from Over-The-Top (OTT) content," the report said. The agency said OTT continue
According to Babu, premium smartphone sales are primarily being fuelled by better financing options such as no-cost and low-cost equated monthly instalments (EMIs)
Amazon shares were up 13% this year through Monday's close, the last day on which Bezos sold shares, according to a filing. They slipped 2.2% to $168.64 on Tuesday
Here are some of the top OTT movies and series to watch this week. From Aarya to Guntur Kaaram, we bring you the top 5 OTT releases this week
The report highlighted how access to thousands of shows on various streaming platforms, including Amazon Prime, Netflix among others, has fueled the rise of binge-watching culture
Amazon Great Republic Day Sale will start on Jan 13. The yearly sale that starts around the Republic Day will allow exclusive early permit for Prime subscribers of multiple deals and discounts
The latest job cuts by Amazon will impact the employees of Prime Video and Amazon MGM Studios. The news coincided with Google's similar announcement to layoff employees on Wednesday
More than 200 workers were striking on Friday at Amazon's warehouse in Coventry, England as part of a long-running dispute over pay
Joining OTT rivals, Amazon releases its own sports streaming channel through Dream Sport partnership
If you are looking forward to watching a good quality series, then your wait is about to end this week. Here are the top 5 web series to watch on Netflix, Amazon Prime or Disney+ Hotstar
The battle for dominance in media and entertainment is now being fought among a handful of firms
If you are a movie geek, then this week is going to be entertaining for you as plenty of movies are going to be released in theatres or OTT platforms. Here are the top 5 movies or series to watch
Passkey eliminates the step of entering the Amazon password. This is achieved by using the credentials to unlock the device
Amazon, on Friday, also launched its 'Amazon Xperience Arena' event in Delhi NCR. The subsequent editions of the event will be held in Pune, Hyderabad, Chennai, and Kolkata
Amazon Great Freedom Festival 2023 will kick off tomorrow, August 5. Amazon Prime users can avail of the discounts 24 hours before others
Amazon has begun offering its Fresh grocery delivery service to customers who aren't Prime members. The initial rollout will only be available in a dozen cities, including Boston, Phoenix, Dallas and San Francisco, the company told customers Wednesday in an emailed announcement. Previously, Amazon had only offered grocery deliveries for Prime members, who pay $139 a year for faster shipping and other perks. Non-Prime members who're interested in trying out the service will pay $13.95 for deliveries under $50. That's $4 more than Prime members have to pay for the same order size. Deliveries for orders between $50 and $100 will cost $10.95, and orders over $100 will incur a $7.95 fee. The company said pick-up orders are free from select metro areas. Amazon operates 44 Fresh grocery stores across the country, most of which are located in California, Illinois, Virginia and Washington state. It also operates more than 20 cashier-free convenience stores in the U.S. under the Amazon Go b
The company said more than half of all orders placed by Prime subscribers in the 60 largest metropolitan areas during the most recent quarter arrived the same or next day
Amazon Prime is subscription membership that offers premium services to its customers
The Echo smart speakers, Fire TV streaming devices, and Kindle readers will be available with up to 55 per cent off in the Prime Day sale