Amazon courts studios for TV streaming service

January 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

Related Stories

Verizon to buy Intel's fledgling TV operations

January 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

February 8, 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

Computer engineers boost app speeds by more than nine percent

September 26, 2016

Researchers from North Carolina State University and Samsung Electronics have found a way to boost the speed of computer applications by more than 9 percent. The improvement results from techniques that allow computer processors ...

Hyperloop pushes dream of low-cost futuristic transport

September 23, 2016

Is it a plane, is it a train? No, say supporters of Hyperloop, a futuristic mode of transport floated by Silicon Valley billionaire Elon Musk that promises high-tech, high-speed and cheap travel over long distances.

First test of driverless minibus in Paris Saturday

September 24, 2016

The French capital's transport authority will on Saturday carry out its first test of a driverless minibus, in the hope that regular routes for the hi-tech vehicles will be up and running within two years.

Feds preview rules of the road for self-driving cars

September 20, 2016

Obama administration officials are previewing long-awaited guidance that attempts to bring self-driving cars to the nation's roadways safely—without creating so many roadblocks that the technology can't make it to market ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.