Amazon chief executive Andy Jassy says that its Prime Video service is now profitable in its own right. The company says that with revenues in tens of billions of dollars it is a significant business. It is the first time that Amazon has attached a concrete revenue scale to the online video service.
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Support for Microsoft Copilot is ending on Samsung and LG smart televisions. It is not long since the introduction of the AI assistant on them resulted in some customer complaints that it could not be removed. Some users have been using artificial intelligence coding tools to remove unwanted apps and promotions from their home screens.
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Channel 4 and The Walt Disney Company have agreed a deal that will bring Channel 4 programming to Disney+ in the UK and Ireland from early 2027. While British broadcasters have previously co-produced or licensed programmes for distribution on online video platforms, this is described as a first-of-its kind collaboration.
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The BBC Three and BBC Scotland channels will close as the corporation seeks to save more money. It is not the first time the BBC has announced the closure of the BBC Three channel to cut costs. Once again, the idea is that programmes will find their audience online.
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The Soarsat service that provides free-to-view satellite services in Ireland will close in early 2028. The satellite that is used to deliver the service is reaching end of life and will not be replaced. The announcement brings into sharp focus the future of other satellite services, including those of Sky and Freesat.
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Netflix, which recently announced that it is cutting around a thousand jobs or 6% of its staff, reported that expects to see full-year revenue of $51.5 billion and an operating margin of 31.5%. Netflix stock is down by about 50% on its peak in June 2025. It faces the threat of increased competition for viewer attention in a maturing market.
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