Amazon’s (AMZN) video game division has lost another key executive amid struggles to produce hits since its inception, a decade ago, writes Jason Schreier for Bloomberg. "John Smedley, who has three decades of experience in the industry and ran the Amazon Game Studios office in San Diego for six years, told staff Wednesday that he’s stepping aside," added the Bloomberg story. Other companies in the space include Sony (SONY), Meta Platforms (META), Electronic Arts (EA) and Take-Two (TTWO). Reference Link
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on AMZN:
- Amazon (NASDAQ:AMZN), Ava Labs Team up to Scale Blockchain Adoption
- 3 Reasons to Buy Amazon Stock, According to DBS
- Analyst Expects Chip Stocks to Benefit from Increased Cloud Spending
- Notable open interest changes for January 11th
- Voip-Pal.com says CAFC denies Amazon’s petition in patent infringement suit