Wednesday, 2 February 2011

Amazon goes web video!

Amazon.com is said to be in talks with movie studios about getting the rights to libraries of movies so it can offer a streaming video subscription service to combat Netflix.

The Seattle company already offers the Amazon Video on Demand service, which allows users to pay a few dollars to watch a movie or TV show once on a computer or on a TV equipped with an app for the service.

But so far, Netflix is the clear leader in terms of services that charge a monthly fee to watch unlimited movies and TV shows on smart phones, tablets, computers and TVs. Netflix charges $7.99 a month for its service.

Video can be streamed through Netflix on Apple's iPod Touch, the iPhone, the iPad, Microsoft's Windows Phone 7 handsets, the Nintendo Wii, Xbox 360 and PlayStation 3 gaming consoles, and many TVs and Blu-ray players on the market in the U.S. and Canada.

Our sister blog, Company Town, has more details on what Amazon has in the works, as reported by the Los Angeles Times' Ben Fritz.

Read more

posted by Web Video