Amazon Hires Disney's Jeremy Helfand to Lead Prime Video Advertising
In a significant move in the streaming wars, Amazon plans to introduce ads on its Prime Video platform, with an ad-free option available for an additional fee.
- Jeremy Helfand, a former executive at Disney, has been hired by Amazon to lead Prime Video Advertising.
- Amazon plans to introduce ads on its Prime Video platform later this year, following in the footsteps of Netflix and Disney+ who have both launched ad tiers.
- Prime subscribers will have the option to pay an additional $3 per month to keep their programming ad-free.
- Helfand has experience in developing new ad formats for streaming audiences, having previously worked at Hulu and Disney.
- Amazon's move into advertising is seen as a significant step in the ongoing streaming wars, with other companies like NBCUniversal also making strategic hires.