Bill Peters is a Los Angeles-based MarketWatch reporter who covers earnings.
Amazon.com Inc.
is shutting down its live audio platform Amp, as the online retail and media giant continues to seek ways to cut costs and shore up profits. “We’ve made the difficult decision to close Amp,” an Amazon spokesperson said in a statement, adding that the company “learned a lot about how live music communities interact in the process, which we are bringing to bear as we build new fan experiences at scale in Amazon Music.” Bloomberg and CNBC reported the news earlier Wednesday.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Amazon’s live audio-streaming platform Amp closes up shopAmazon is shutting down its short-lived audio app known as Amp. The tool was designed to allow creators to make custom content as modern DJ hosts.
Read more »
Amazon is quietly shutting down its live radio app AmpAmazon is downsizing in an effort to cut costs, and Amp appears to be the latest casualty.
Read more »
Amazon Shuts Down Amp Live Radio AppAmp hosted shows by both regular users and superstars like Nicki Minaj, Travis Barker and Lil Yachty.
Read more »
Amazon Studios’ Now Called Amazon MGM Studios, Exec Pablo Iacoviello Reveals in Iberseries Keynote (EXCLUSIVE)Amazon Studios has changed its name to Amazon MGM Studios, Pablo Iacoviello, director of monetization for local originals
Read more »