iWorld
Paramount blockbusters on Amazon Prime in India, deal signed
MUMBAI: Amazon Prime will offer unlimited free fast delivery on India’s largest selection of products, early access to top deals and unlimited streaming of latest and exclusive movies, TV shows and Amazon Originals. Amazon has announced its association with Paramount to offer subscription streaming of Paramount’s new releases and fan-favorite films in India.
Under the deal Amazon will have streaming rights to recent releases such as Teenage Mutant Ninja Turtles: Out of the Shadows, Star Trek Beyond, and 10 Cloverfield Lane, amongst others. In addition, Prime Video subscribers will also have rotating access to popular movies and classics from Paramount’s renowned library including franchises like Transformers, Indiana Jones, Mission: Impossible, Madagascar, Shrek and Kung Fu Panda.
Amazon Prime Video India director and country head Nitesh Kripalani said, “Our goal is to provide our customers with the best movies – be it local or international. We are excited to work with Paramount to bring their future slate of films to our Prime Video customers along with some of the most popular movies in film history.”
“We are delighted to have reached this agreement with Amazon to bring our world-class films to fans across India,” said Paramount TV Licensing & Distribution SVP Regional Sales Asia Pac Jonathan Greenberg said, “Our goal is to deliver our content to viewers how and when they want it and Amazon Prime Video offers an exceptional platform for fans to enjoy new and favorite films on demand.”
Amazon Prime Video recently launched in India with an aim to bring customers the best entertainment experience.
Gaming
Sony raises PS5 prices for second time in under a year
US disc edition jumps $100 to $649.99 as memory costs surge.
MUMBAI: Sony just hit the pause button on affordable gaming because when memory prices skyrocket, even the Playstation has to pay the premium. Sony has announced its second price increase for the Playstation 5 range in less than a year, citing pressures in the global economic landscape and a sharp rise in memory component costs driven by AI demand.
In the US, the PS5 disc edition will rise from $549.99 to $649.99, a $100 hike while the digital edition increases to $599.99. The more powerful PS5 Pro will jump $150 to $899.99. The Playstation Portal remote player will also rise by $50 to $249.99. The new prices take effect on 2 April 2026.
Similar increases have been applied in the UK (£90 per model), Europe and Japan. Sony last raised PS5 prices in the US in August 2025.
“We know that price changes impact our community, and after careful evaluation, we found this was a necessary step to ensure we can continue delivering innovative, high-quality gaming experiences to players worldwide,” Sony said in a blog post.
The hikes come amid an unprecedented surge in memory prices, as manufacturers prioritise supply for AI data centres. Analysts say Sony had likely secured price protections for components that have now expired, forcing the company to protect its hardware margins.
Ampere Analysis research director of games Piers Harding-Rolls told CNBC that further increases from Microsoft and Nintendo would not be surprising, though Nintendo may hesitate to raise the price of its recently launched Switch 2 while establishing the new platform.
The increases arrive eight months before the highly anticipated release of GTA 6, which is expected to drive strong console sales. However, early reactions online have been a mix of disappointment and resignation, with growing concern that premium gaming is increasingly becoming a hobby for higher-income players.
In a sector already grappling with tariffs, inflation and component shortages, Sony’s move underscores a tough reality: even the most popular consoles are not immune to the rising cost of keeping up with the latest technology.
