Rumors about Amazon shutting down Freevee started surfacing in January when the company added an ad-supported tier to Prime Video, which is home to over a hundred add-on streaming services and some free, ad-supported TV channels (FAST channels).

Amazon's FAST service seemed redundant after Amazon launched the Prime Video ad tier in January. With the subscription tier making money from subscription fees and ads shown on Prime Video with ads, it made little sense for Amazon to continue with Freevee, which only has the latter revenue stream.

Diamond Sports Group announced Wednesday it reached a multi-year agreement with Prime Video to make its 16 regional sports network channels available as an add-on subscription.