Amazon's Prime Video has shifted its strategic focus towards live sports and away from original television shows and movies, seeking to meet internal corporate profit targets, The Information reported on Friday.

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Amazon (NASDAQ:AMZN)'s Prime Video is reportedly shifting its strategic focus towards live sports broadcasting, moving away from its traditional reliance on original television shows and movies. The move is part of an effort to meet corporate profit targets,

Mel Gibson’s so-called movie jail continues to be lenient, because the director is once again back with a new action blockbuster starring Mark Wahlberg, aka Flight Risk, which opens in movie theaters this weekend.

Netflix remains a strong player but lacks the upside potential and risk-reward balance to justify its valuation and is unlikely to outperform the market. Read more here.

Also starring Julia Fox, Chris Sullivan, and Callina Liang, Presence originally premiered at Sundance Film Festival last January, where Neon bought the distribution rights in a $5 million deal. Critics described the film as a “slow burn,” despite the film’s brief 85-minute runtime, so settle in.

Netflix's earnings report sent its stock surging — and made it a bit more clear how sports content impacts the company's present and future.

Discover the latest Telugu movies, web series, and dubbed films available on popular OTT platforms like Amazon Prime Video, Netflix, Aha, Hotstar, and more. From new releases like Vedhika's Fear, Anasuya Bharadwaj's Razakar,

Amazon Prime is gaining Australian subscribers to become a major competition to Netflix in the local market.This is according to JustWatch, who analysed subscription stacks among 2.3 million Australian users during the fourth quarter of 2024.

The 97th Academy Awards were announced after delays due to wildfires. Jacques Audiard's Emilia Pérez leads with 13 nominations, including best picture. The Oscars are a month away, with many nominated films available on streaming platforms like Netflix and Amazon Prime Video.

Amazon CEO Andy Jassy aims to make Prime Video profitable by the end of 2025, and this shift is part of the strategy to achieve that goal, according to the report, citing two sources familiar with the company’s plans.