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Amazon Prime Video Advertising Revenue Soars in Q3 Earnings

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The tech giant's ad revenues were up by 26% to $12B, and it reported $143B in total sales in the quarter, smashing Wall Street expectations.

Amazon smashed Wall Street expectations in its Q3 earnings report, delivering $143.1 billion in total revenue, and net income of $9.9 billion.

But of particular note to the entertainment industry, Amazon says that its advertising business continues to be a major revenue driver, topping $12 billion in the quarter, up 26% from a year ago.

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