
Streaming Shifts: Amazon Pivots, ESPN Launches DTC, and Coupang Play Adds Ad-Tier
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The streaming landscape continues to evolve rapidly as we enter June 2025, with major platforms making significant strategic shifts. Amazon Prime Video is experiencing substantial changes following recent executive leadership changes. After three seasons, Amazon has cancelled the expensive fantasy series "The Wheel of Time" due to declining viewership, particularly in international markets. This follows reported delays in the second season of "Citadel" and pauses on its international spinoffs. In a notable strategic pivot, Amazon is now reportedly looking to syndicate some of its high-budget productions like "Citadel" and "Lord of the Rings: The Rings of Power" to other streaming services to recoup costs[1].
In a groundbreaking development, ESPN is preparing to launch its standalone direct-to-consumer service this fall, priced at $30 monthly. The package will include the main ESPN network, secondary ESPN channels, ESPN content aired on ABC (excluding local ABC stations), plus all ESPN+ content. Industry analysts are questioning the target audience for this service, as it doesn't replace ESPN in traditional bundles but offers an alternative access point[2].
Paramount+ remains relatively quiet this month with only one major debut: "Love Me," a post-apocalyptic romance film starring Kristen Stewart and Steven Yeun, premiering June 16th. The service will livestream the Tony Awards on June 8th, featuring a special "Hamilton" reunion marking its 10-year anniversary[1].
In international markets, South Korea's Coupang Play is expanding its business model by adding a free, ad-supported streaming tier beginning this month[3].
These developments reflect the industry's ongoing search for sustainable business models amid intensifying competition. Streaming platforms are reevaluating content investments, exploring new revenue streams through syndication, and testing different pricing tiers to attract and retain subscribers in an increasingly crowded marketplace.