Amazon ($AMZN) Exceeds $1.8 Billion in Ad-Spending Commitments for Video-Streaming Services

Sep 26, 2024, 07:51 PM

Amazon has successfully exceeded its goal of drawing $1.8 billion in ad-spending commitments for its video-streaming services during this year's TV upfronts. This achievement marks a significant milestone for Amazon, which only introduced ads on Prime Video at the beginning of 2024. The Information reported that Amazon's stock, $AMZN, reflects this success.