Several media companies are holding discussions to acquire advertising-supported video streaming services. Fox Corp is in talks with Tubi, and NBCUniversal is considering Vudu.
Amazon Studios has relied on traditional distribution practices to foster greater collaboration with gatekeepers in Hollywood. However, after playing second fiddle to Netflix for the better part of a decade, Amazon is changing its theatrical strategy stateside.
There is growing speculation that Amazon will acquire ViacomCBS after the post-merger dust settles.
CBS and Viacom have reunited as one company after two failed attempts since 2016. The new company will be named ViacomCBS.