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

Desktop scanners can be hijacked to perpetrate cyberattacks

March 28, 2017

A typical office scanner can be infiltrated and a company's network compromised using different light sources, according to a new paper by researchers from Ben-Gurion University of the Negev and the Weizmann Institute of ...

Self-driving car crash comes amid debate about regulations

March 28, 2017

A crash that caused an Uber self-driving SUV to flip onto its side in a Phoenix suburb serves as a stark reminder of the challenges surrounding autonomous vehicles in Arizona, a state that has gone all-in to entice the company ...

Renewable energy has robust future in much of Africa: study

March 27, 2017

As Africa gears up for a tripling of electricity demand by 2030, a new Berkeley study maps out a viable strategy for developing wind and solar power while simultaneously reducing the continent's reliance on fossil fuels and ...

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.