Amazon shuts down Amp live audio service
Publishing timestamp: 2023-10-04 17:17:32
Summary
Amazon is discontinuing its live audio service called Amp. The service allowed users to host their own live shows and had signed up big-name artists. Amazon CEO Andy Jassy has been cutting costs across the company, and the decision to discontinue Amp comes as part of a review of expenses. Amazon has other investments in audio and entertainment, including music streaming, livestreaming, and podcast networks.
Sentiment: NEUTRAL
Keywords: business news, internet, amazon.com inc, technology, spotify technology sa, breaking news: technology, meta platforms inc,
Source: https://www.cnbc.com/2023/10/04/amazon-shuts-down-amp-live-audio-service.html