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Amazon has launched its Luna cloud gaming service, allowing U.S. customers to access more than 100 gaming titles on devices that include PCs, iPhones, and Fire TVs.
Powered by Amazon Web Services, Luna offers free games but also provides users with access to more titles by subscribing to channels that range between $4.99 and $17.99 per month.
Amazon generated $137.4 billion in revenue in Q4 2021, a 9% increase year-over-year, but missed analysts’ estimates of $137.6 billion for the quarter. The tech giant saw its net income reach $14.3 billion in Q4, compared to $7.2 billion for the same period the year prior.
The company also announced that Amazon Prime will increase 17% from $119 to $139 annually following a number of recent investments across the service, including an 11-year broadcasting agreement for the NFL’s “Thursday Night Football.”
Last month, Amazon announced a deal with cloud-based streaming and ad platform Screach to distribute its French Ligue 1’s broadcasts. Screach is available in 157 countries and allows users to access content via subscription or pay-per-view.
Epic Games, the video game publisher best known for “Fortnite,” announced plans to acquire independent music storefront Bandcamp.
Netflix has reportedly offered to acquire Next Games, the developer behind “Stranger Things: Puzzle Tales,” for around $72 million.
Blank-check company PowerUp Acquisition Corp is raising $250 million in an initial public offering with a plan to target businesses in gaming and the metaverse.
Cryptocurrency exchange FTX is launching its own gaming unit in which publishers embrace blockchain networks and NFTs.
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