Amazon’s Prime Video Channels to Double Revenue by 2020

BMO Capital Markets released a report that quantifies the impact of Amazon’s Prime Video Channels service on the pay-TV industry. It revealed that Channels will generate $1.7 billion in revenue in 2018, compared to last year’s $700 million. Further, BMO Capital predicts that revenue will more than double to $3.6 billion in 2020. That’s good news for Channels’ partners, who stand to earn an estimated $1.2 billion this year, and $2.5 billion in 2020, based on Amazon sharing an average 70 percent of subscription fees. Continue reading Amazon’s Prime Video Channels to Double Revenue by 2020

Amazon Plans to Compete in Advertising, Narrows HQ2 Sites

For the last five years, Amazon’s average profit margins remained at 1 percent, and founder Jeff Bezos counseled patience. Amazon Web Services, its profitable cloud services business, drove shares up to $1,300, and now BMO Capital Markets raised its Amazon price target to $1,600 per share. That’s because Bezos’ end game is becoming clearer: a marketing platform that takes advantage of Amazon’s immense audience. Some analysts believe its shares could reach $2,000, making it the first company with a $1 trillion market value. Meanwhile, Amazon continues plans for its second headquarters. Continue reading Amazon Plans to Compete in Advertising, Narrows HQ2 Sites

Apple’s 10th Anniversary iPhone to Tout Curved OLED Screen

One model of Apple’s upcoming new iPhones will feature a flexible OLED screen, similar to those used by Samsung Electronics, say sources. The Wall Street Journal reported in November that the Silicon Valley company had asked manufacturers to produce prototype screens. Now, say those sources, Apple has ordered enough components for mass production. With an OLED screen, Apple would have the ability to bend the screen in a variety of ways, including adding a curve at the edge of the phone. Continue reading Apple’s 10th Anniversary iPhone to Tout Curved OLED Screen