Amazon (AMZN) says its Prime Video's ad free subscription becomes Prime Video ultra for USD 4.99/mth; no change in cost to Amazon Prime membership
Newsquawk Staff ·
Amazon (AMZN) says its Prime Video's ad free subscription becomes Prime Video ultra for USD 4.99/mth; no change in cost to Amazon Prime membership.
What it means
Amazon's move to rebrand its ad-free Prime Video subscription as 'Prime Video Ultra' at $4.99/month, without raising the overall Prime membership cost, suggests a strategy to retain and attract subscribers by enhancing perceived value. This decision reflects their focus on consumer retention in a competitive streaming landscape and may impact subscriber growth metrics positively, which is crucial for analysts and investors when assessing Amazon's revenue outlook in the consumer discretionary sector.
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