Amazon Challenges Netflix with Cheaper Ad Slots, Boosts Prime Video Ads: Report - Netflix (NASDAQ:NFLX), Amazon.com (NASDAQ:AMZN)
Briefly

Amazon introduced advertising on Prime Video, undercutting Netflix's pricing during its first 'upfront.' Competitors like Disney, Apple, and others are also adapting to changing ad-supported models.
Citi estimates Prime Video ads could generate over $5 billion in revenue. Amazon and Netflix are leading the U.S. SVOD market, with Apple refining its Hollywood strategy to boost its market share.
Read at Benzinga
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