 "Amazon plans new advertising-supported video app for Fire TV streaming devices")
Amazon plans to launch an advertising-supported video service for users of its Fire TV streaming devices, news website The Information reported on 28 August, citing people familiar with the matter. Highly profitable ad sales were a bright spot for Amazon last quarter, as the company’s revenue from the category and some other items grew 132 percent to $2.2 billion. [caption id=“attachment_4712881” align=“alignnone” width=“1280”] Amazon. Image: Reuters[/caption] The new free service, tentatively called Free Dive, is separate from the ad-free subscription Prime Video service, which rivals Netflix , the report said. Amazon was not immediately available for comment. The company is in talks with major studios to license older TV shows for the new service, which is being developed by the e-commerce company’s movie and television information website IMDB.
The new free service, tentatively called Free Dive, is separate from Amazon’s Prime Video service.
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