Amazon courts studios for TV streaming service

Jan 22, 2014

Internet retail titan Amazon.com has been reaching out to entertainment studios about licensing television programs for an online streaming service, the Wall Street Journal reported Tuesday.

Such a move would add live television channels to the on-demand already offered by the company's Amazon Prime service and come as a challenge to cable or satellite television service providers.

The effort by Amazon is nascent and it remains to be seen whether it comes to fruition, according to the Journal.

Television giants tend to be reluctant to make distribution deals that might upset long-standing partners whose fees and payments have fueled industry growth.

But Japanese entertainment and consumer electronics giant Sony as well as YouTube-owner Google and Xbox maker Microsoft are also striving to ramp up program offerings at their online video venues.

The Wall Street Journal previously reported that Amazon is working on a set-top box for streaming video from the Internet.

Meanwhile, Verizon on Tuesday announced it is buying Intel Media, a unit of the chipmaking giant for delivering movies and more to televisions via the Internet cloud, for an undisclosed price.

The US telecom giant said the acquisition "will accelerate the availability of next-generation video services," delivered to devices including mobile phones and tablets.

The deal includes and other assets for Intel's OnCue Cloud TV platform. Verizon will also offer to keep the 350-person Intel unit, which will continue to be based in Santa Clara, California.

Explore further: Verizon to buy Intel's fledgling TV operations

add to favorites email to friend print save as pdf

Related Stories

Verizon to buy Intel's fledgling TV operations

Jan 21, 2014

Verizon said Tuesday it was buying Intel Media, a unit of the chipmaking giant for delivering movies and more to televisions via the Internet cloud, for an undisclosed price.

Amazon streams video to Xbox 360 consoles

May 30, 2012

Online retail powerhouse Amazon.com on Tuesday announced a collaboration with Microsoft to begin streaming films and television shows to Xbox 360 videogame consoles.

Amazon in streaming video deal with Viacom

Feb 08, 2012

Amazon announced a deal with entertainment giant Viacom on Wednesday, building up its arsenal of television shows as it takes on video streaming market leader Netflix.

Recommended for you

Amazon launches 3D printing store

13 hours ago

Amazon announced Monday the launch of an online store for 3D printed items to allow consumers to customize and personalize items like earrings, pendants, dolls and other objects.

Samsung delays Tizen smartphone sales launch

18 hours ago

Samsung Electronics said Monday it would postpone the roll-out of its new smartphone based on Tizen, a home-grown operating system aimed at breaking away from Google's Android system.

Chinese portal Sohu reports $45 million loss

21 hours ago

(AP)—Sohu.com Inc., operator of a popular Chinese Internet portal, said Monday it lost $45 million in the latest quarter while revenue rose 18 percent to $400 million.

User comments : 0