Amazon.Com, Inc
The game, featuring the Jets and the Miami Dolphins, will start at 3 p.m. in New York with 90 minutes of pre-game coverage, Bloomberg reports. This event is not just about sports; it showcases new commercials from significant brands like Hasbro, Inc
This "content-to-commerce" approach is part of Amazon's broader plan to leverage Prime Video to boost its advertising and online retail segments. Live sports, particularly football, with frequent commercial breaks, are ideal for this model.
The NFL, a strong performer on linear TV, has seen Amazon's Thursday Night Football attract nearly 13 million viewers per game this year, a 25% increase from last year, as per the report.
Amazon's U.S. advertising business has reportedly grown to a $34 billion-a-year entity, challenging digital ad leaders like Alphabet Inc
The Black Friday game is a significant step for Amazon in expanding beyond its online store, aiming to capture not just impulse buyers but more considerable brand advertising opportunities, tapping into the $70 billion TV advertising market as audiences increasingly move from cable to streaming, according to the report.
Price Action: AMZN shares traded higher by 0.18% at $146.97 premarket on the last check Friday.