Business

Technology: Amazon aims for TV business with free video streaming: WSJ

(Reuters) – Online retailer Amazon.com Inc plans to enter the battle for living-room viewership in the coming months, launching a free, ad-supported streaming TV service, the Wall Street Journal reported on Thursday, citing anonymous sources.

A parcel travels along a conveyer belt at Amazon's new distribution center in Brieselang
A parcel travels along a conveyer belt at Amazon’s new distribution center in Brieselang, near Berlin November 28, 2013. Amazon.com Inc has no intention of bowing to pressure from striking workers in Germany, its second biggest market behind the United States, and is more worried about bad weather hurting Christmas deliveries, its country head said. REUTERS/Tobias Schwarz/Files (GERMANY – Tags: BUSINESS EMPLOYMENT)

Amazon is likely to stream original, self-produced TV series and perhaps licensed programming for free to viewers, the Journal reported, citing people familiar with the matter.

The newspaper said it was unclear how such a service would be delivered to consumers. Amazon did not respond to requests for comment.

Earlier on Thursday, Amazon said it will hold a press conference in New York on April 2, a rare move that comes amid rife speculation that it will unveil a streaming device, such as a set-top box, to rival the Apple TV and Google Chromcast.

Speculation is that Amazon is close to revealing a streaming device, a set-top box or a small plug-in device, or dongle, that is similar to a USB memory stick, that can pipe video into the living room. It would compete with devices made by Apple, Google and U.S. television start-up Roku.

Peter Larsen, vice president of the company’s Kindle division, will provide an update on Amazon’s video business at its April 2 event, according to invitations sent out to the press on Thursday.

Technology blog Re/Code reported Thursday, citing people familiar with the matter, that Amazon will launch a set-top box that connects televisions to the Internet.

(Reporting by Deepa Seetharaman; Editing by Bernard Orr and David Gregorio)

Article from: reuters.com

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Technology: Amazon aims for TV business with free video streaming: WSJ

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