Amazon’s spend on TV and film in UK passes £1bn as Netflix cuts back
by Mark Sweney from World news | The Guardian on (#5ZD9Y)
Exclusive: Prime Video investment amount revealed for first time as competition for viewers intensifies
Amazon has invested more than 1bn on TV, movie and live sport content in the UK in recent years and plans to increase spending to make it a must-have streaming service for cash-strapped households.
It is the first time that Amazon has revealed the level of investment in Prime Video in the UK, spanning the period since 2018, as competition for viewers intensifies amid a mounting cost of living crisis.
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