- Amazon.Com, Inc (NASDAQ:AMZN) has signed an agreement with India’s broadcasting ministry to stream movies as well as TV shows from government-run productions.
- The National Film Development Corporation (NFDC) and IMDb will work together to help enable the discoverability of India’s creative talent by listing their profiles and skill sets on the ranking platform.
- The agreement will also provide internships to students from government film institutes, enabling them to gain real work exposure.
- Amazon.in will also curate a special storefront feature to promote books and journals across genre reflecting India’s heritage.
- “As the Indian economy expands at a fast-clip, Amazon is uniquely placed to contribute to the nation’s growth journey on multiple fronts including e-commerce, logistics, digital skilling, cloud computing, payments, artificial intelligence and in building the creative economy,” said Chetan Krishnaswamy, Vice President Public Policy at Amazon India.
- Also Read: Amazon Taps Diamond Company De Beers To Gain Edge In Cloud War Versus Microsoft, Google
- Price Action: AMZN shares are trading lower by 2.56% at $101.29 on the last check Wednesday.
Deutsche Bank Maintains Buy on Costco Wholesale, Lowers Price Target to $578
Deutsche Bank analyst Krisztina Katai maintains Costco Wholesale (NASDAQ:COST) with a Buy and lowers the price target from $581 to $578.
