Amazon MGM Studios plans to launch its own international theatrical distribution division as its deal with Warner Bros. expires at the end of 2025. This strategic move aims to enhance control over global film releases, maximizes revenue potential, and demonstrates Amazon’s commitment to theatrical models following its $8.5 billion MGM acquisition.
Walmart is enhancing its streaming presence through the $2.3 billion acquisition of Vizio, aiming to compete with Amazon. By integrating Vizio’s technology into its retail ecosystem and leveraging its advertising capabilities, Walmart seeks to grow its streaming subscriptions and capitalize on the decline of traditional TV, creating a comprehensive media platform.
Breaking News: Freevee Will Shutdown After Amazon Adamantly Denies Claims. Recently, on Prime Video, ads started popping up on scripted series and films. Over 167 million existing Amazon Prime members in the U.S. are now required to pay an additional $3 per month to enjoy the same service they signed up for to avoid ads.
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