After Apple, Amazon Also Ups Its Game In The Streaming Market, Secures Rights For Donald Trump Endorsed 'Sound Of Freedom'
Portfolio Pulse from Ananya Gairola
Amazon Prime Video has secured the streaming rights for the blockbuster movie 'Sound of Freedom', which grossed over $180 million domestically and nearly $250 million globally. The film was initially shelved after 20th Century Fox, the initial rights owner, was bought by Walt Disney Co. The acquisition comes amidst significant movements in the streaming market, with Apple Inc. also making strategic moves into the film industry.
November 06, 2023 | 4:13 am
News sentiment analysis
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NEGATIVE IMPACT
Apple's strategic moves into the film industry could be challenged by Amazon's latest acquisition.
Amazon's acquisition of a popular movie could pose a challenge to Apple's efforts to expand into the film industry, potentially affecting Apple's market share in the streaming sector.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 60
NEGATIVE IMPACT
Disney's decision to shelve 'Sound of Freedom' could have resulted in a missed opportunity.
Disney's decision to shelve 'Sound of Freedom' could be seen as a missed opportunity, given the film's subsequent success. This could potentially affect investor sentiment.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Amazon's acquisition of 'Sound of Freedom' streaming rights could boost its competitive edge in the streaming market.
Securing the rights to a popular movie like 'Sound of Freedom' could attract more subscribers to Amazon Prime Video, potentially boosting Amazon's revenues.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80