Amazon might be prepping something special for the future
Amazon is done focusing on the past and is moving towards the future. According to Bloomberg, Amazon is said to be exploring the creation of a live online TV service.
Amazon is yet to get involved in the video entertainment industry but that could all change. Amazon has reportedly reached out to TV providers such as CBS and Comcast NBC Universal. But Amazon may not be the only one looking into Internet-delivered TV services. Apple, Sony and Dish are also prospects.
An online based TV service could help Amazon promote its store through advertising. There are many ways in which this could impact the industry. But we’ll just have to wait and see if it happens. Amazon would be directly competing against major companies such as Comcast and AT&T, who have already developed a name for themselves in the sector. What do you think, is Amazon headed in the right direction?
Source: Bloomberg
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