By Michelle Chapman
Amazon is cutting several hundred positions across its Prime Video and MGM Studios unit.
Last month Amazon said that Prime Video users would start seeing ads on movies and television shows starting on January 29, setting a date for an announcement it made back in September.
Prime members who want to keep their movies and TV shows ad-free will have to pay an additional $2.99 per month.
Mike Hopkins, senior vice president of Prime Video and Amazon MGM Studios, said in a note to employees that the company is boosting investment in areas with the most impact, while stepping back from others.
Amazon has cut thousands of jobs after a hiring surge during the pandemic. In March, Amazon announced that it planned to lay off 9,000 employees. That was on top of the 18,000 employees the tech giant said that it would lay off in January 2023.
Job cuts are occurring elsewhere in the company this week.
Twitch, the video game streaming platform acquired by Amazon a decade ago for close to $1 billion, is laying off more than 500 employees as the company tries to turn the tremendously expensive division profitable.
Twitch CEO Dan Clancy in an email to employees said that even with cost cuts and growing efficiency, the platform "is still meaningfully larger than it needs to be given the size of our business."
"For some time now the organization has been sized based upon where we optimistically expect our business to be in 3 or more years, not where we're at today," Clancy wrote.
Departing employees at Amazon Prime will receive a separation payment and other benefits like job placement support.
In May Amazon said that it would distribute its original films and TV shows, like "The Marvelous Mrs. Maisel," to media outlets outside its Prime Video service for the first time.
That content would be licensed via a new unit called Amazon MGM Studios Distribution, which expands the number of titles currently offered by Hollywood studio MGM. In 2022, the e-commerce-behemoth-turned-media-giant closed its acquisition of MGM — which houses more than 4,000 film titles and 17,000 TV episodes — for $8.5 billion.
Michelle Chapman is an AP business writer
Emmy Awards ratings up more than 50%, reversing record lows
The Emmys telecast on ABC reached nearly 7 million viewers, a jump of more than 50%from the record low of the last ceremony in January and the biggest audience since 2021, according to numbers released Monday by the network.
Sunday night's 76th Primetime Emmy Awards, in which "Shogun," "Hacks" and "Baby Reindeer" won top awards, was back in its traditional mid-September spot after the rare January ceremony that was delayed four months by Hollywood's strikes.
That show, which aired on Fox, reached a record low audience of 4.3 million viewers.
ABC said Monday that the Sunday night show hosted by Eugene and Dan Levy reached 6.87 million viewers, a jump of 54% despite competition from NFL football.
The height-of-the-pandemic Emmys in 2020 on ABC, with no in-person audience and remote nominees, set a new low at the time with 6.1 million viewers. The show bounced back the following year with 7.4 million for CBS with help from an NFL game lead-in.
But NBC's 2022 telecast dropped to 5.9 million, followed by the further decline in January of this year.
The Emmys telecast rotates annually between the four broadcast networks.
The last time the Emmys reached more than 10 million viewers was 2018, when it drew in 10.2 million. The show had 21.8 million viewers in 2000, a level it's unlikely ever to reach again.
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