Online retail giant Amazon.com is reportedly working on a new online subscription service offering movies and TV shows, says the Wall Street Journal. Citing “people with knowledge of the proposal”, the Journal is reporting that Amazon “has in recent weeks pitched a Web-based subscription service to several major media companies, including General Electric Co.’s NBC Universal, Time Warner Inc., News Corp. and Viacom Inc.,”
Amazon will likely follow the same approach as Netflix by focusing on catalog titles rather than the latest new releases. The new service would be compatible with web browsers, Xbox 360 consoles and web-connected televisions and BD players . Amazon is hoping to launch the new service in time for the holidays, according to the same unnamed sources.
Would you be interested in a subscription to an Amazon streaming service? How will Amazon fare against Netflix, the 900-pound gorilla in this sphere?
(via the Wall Street Journal)