BR100 Increased By (1.28%)
BR30 Increased By (1.67%)
KSE100 Increased By (1.04%)
KSE30 Increased By (1.11%)
BECO 5.66 Increased By ▲ 0.08 (1.43%)
BML 62.00 Increased By ▲ 0.78 (1.27%)
BOP 34.21 Increased By ▲ 0.53 (1.57%)
CNERGY 8.20 Increased By ▲ 0.12 (1.49%)
DCL 11.90 Increased By ▲ 0.26 (2.23%)
FCCL 53.75 Increased By ▲ 1.61 (3.09%)
FCSC 5.75 Increased By ▲ 0.12 (2.13%)
FFL 18.27 Increased By ▲ 0.26 (1.44%)
FNEL 1.39 Increased By ▲ 0.04 (2.96%)
HUMNL 11.06 Increased By ▲ 0.02 (0.18%)
KEL 7.95 Increased By ▲ 0.11 (1.4%)
KOSM 5.79 Increased By ▲ 0.06 (1.05%)
MLCF 88.40 Increased By ▲ 1.89 (2.18%)
NBP 187.01 Increased By ▲ 2.71 (1.47%)
PACE 11.85 Increased By ▲ 0.20 (1.72%)
PAEL 40.60 Increased By ▲ 0.64 (1.6%)
PIAHCLA 25.85 Increased By ▲ 0.18 (0.7%)
PIBTL 17.50 Increased By ▲ 0.23 (1.33%)
PPL 225.12 Increased By ▲ 2.45 (1.1%)
PRL 34.75 Increased By ▲ 0.29 (0.84%)
PTC 64.81 Increased By ▲ 1.07 (1.68%)
SEARL 91.61 Increased By ▲ 1.15 (1.27%)
SSGC 27.15 Increased By ▲ 0.48 (1.8%)
TELE 9.06 Increased By ▲ 0.15 (1.68%)
THCCL 69.40 Increased By ▲ 0.93 (1.36%)
TPLP 11.41 Increased By ▲ 0.21 (1.88%)
TREET 25.00 Increased By ▲ 0.30 (1.21%)
TRG 71.20 Increased By ▲ 0.61 (0.86%)
WAVES 11.30 Increased By ▲ 0.19 (1.71%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
Life & Style

Amazon to roll out ads on Prime Video in 2024

Published September 22, 2023 Updated September 22, 2023 07:28pm
Photo: Reuters
Photo: Reuters
By

Amazon Prime Video users will see ads on shows and movies from early next year unless they subscribe for an ad-free tier that would be at a higher cost, the tech giant said on Friday.

Amazon’s move follows similar roll-outs by rivals Netflix and Walt Disney.

The streaming industry has been facing a slowdown in new sign-ups as subscribers struggling with high inflation and interest rates dial back entertainment spending and other discretionary expenses.

The U.S. tech giant said the advertisements will be introduced in the United States, the UK, Germany and Canada in early 2024, followed by France, Italy, Spain, Mexico and Australia later in the year.

Amazon will roll out an ad-free subscription tier for an additional $2.99 per month for U.S. Prime members. Prime subscription in the U.S. currently costs $14.99 per month or $139 per year.

The company added it would share pricing for other countries at a later date.

Live event content such as sports will continue to include advertising even if the subscriber has paid for the ad-free plan, Amazon said.

Comments

Comments are closed for this article.