Transcribed

Amazon Prime to Lay Off Staff and Stop Producing African Content 

Jan 24, 2024 · 1m 48s
Amazon Prime to Lay Off Staff and Stop Producing African Content 
Description

Amazon Prime, the global streaming giant, is laying off staff and scaling back its local content production in Africa and the Middle East. The streaming platform, the third largest in...

show more
Amazon Prime, the global streaming giant, is laying off staff and scaling back its local content production in Africa and the Middle East.
The streaming platform, the third largest in Africa, is restructuring its business model to focus on its European market.
Barry Furlong, the vice president of Prime’s EMEA division, says that the decision was made to focus on the areas that drive the highest impact and long-term success.
Amazon Prime will still be present in Africa, but the platform will stop approving local shows in sub-Saharan Africa, the Middle East and North Africa.
Africa’s streaming market is projected to have at least 18 million paying streaming customers by 2029, up from 8 million customers last year
show less
Information
Author Africa Business Radio
Organization Africa Business Radio
Website -
Tags

Looks like you don't have any active episode

Browse Spreaker Catalogue to discover great new content

Current

Podcast Cover

Looks like you don't have any episodes in your queue

Browse Spreaker Catalogue to discover great new content

Next Up

Episode Cover Episode Cover

It's so quiet here...

Time to discover new episodes!

Discover
Your Library
Search