Amazon fiddling with film streaming service, says report
Someone needs to control the online projector
Posted in Music and Media, 2nd February 2011 10:53 GMT
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Online retail giant Amazon is reportedly working on a film streaming service.
According to the Financial Times (behind paywall), which cites a source familiar with the company's plans, the bookseller is prepping such a streaming service to be tied up with its Amazon Prime scheme.
Just last month Amazon confirmed it was buying Lovefilm, the European subscription film and game service.
The bookseller already owned 42 per cent of the company and is now in the process of purchasing all the remaining shares.
Customers signed up to Amazon's Prime scheme cough up an annual one-off payment to get "free" next day delivery on their orders for a wide range of items.
The FT reports that Amazon will bundle access to its film streaming service with that scheme.
The Register has requested comment from Amazon, but the company had not yet responded at the time of writing. ®
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