Amazon says no plans to offer free video service

Mar 28, 2014

Amazon says it has no plans to offer a free streaming media service, addressing speculation ahead of a media event in New York next Wednesday.

Spokeswoman Sally Fouts said Thursday that Amazon runs ads ahead of movie and game trailers, but the company has no plans to offer a free service.

The Wall Street Journal reported Amazon is considering an ad-supported streaming TV and music video service. The story followed an email Amazon sent reporters inviting them to hear about an update to its video business.

Amazon.com Inc. has invested heavily on making TV shows and movies available to customers who pay $99 a year for Amazon Prime. Members benefit from two-day shipping on certain items and access to videos including original series like "Betas" and "Alpha House."

Explore further: Hewlett-Packard moves forward with plan to split in two

Related Stories

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.

Recommended for you

Hewlett-Packard moves forward with plan to split in two

6 hours ago

Hewlett-Packard is moving forward with plans to split into two companies, filing paperwork to create a new entity that will sell commercial technology, while a separate spinoff will sell personal computers and printers.

Global pharma firms grilled about tax in Australia

22 hours ago

The world's top pharmaceutical companies Wednesday told an Australian parliamentary hearing they were compliant with local and international laws, despite claims they are charging higher prices to minimise tax.

User comments : 0

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.