CMO Today: Amazon Readies Global Streaming Launch; Here's your morning roundup of the biggest marketing, advertising and media industry news and happenings.
Amazon will now start streaming videos to about 200 countries around the world. It current;y only streams to the US, UK and Germany. This will definitely boost its draearnings since they have been a little down lately. This will definitely change since thanks in the streaming world since Netflix is the largest international player.
This is just the beginning on the reorganization that is happening over in the media section of Amazon.
Aol will be laying off about 500 employees since it has recently increased its staff by 1500 due to acquisitions. Verizon the owner of AOL is currently trying to purchase Yahoo as well for an estimated 4.83 billion