“Here we go again: Amazon.com denied a Wall Street Journal report Thursday that the Internet retailing giant is working up a free, ad-supported TV and music-video service,” Todd Spangler reports for Variety.
“‘We’re often experimenting with new things, but we have no plans to offer a free streaming-media service,’ Amazon spokeswoman Sally Fouts said in an email. ,” Spangler reports. “Amazon does have a video-advertising business that currently includes programs like offering the first episode of a series for free, according to Fouts”
“Meanwhile, the company today announced a press event for next Wednesday in New York to announce ‘an update on our video business’ with Peter Larsen, VP of Amazon’s Kindle division,” Spangler reports. “That event could be the unveiling of Amazon’s streaming-media device, rumored to be a dongle-like adapter similar to Google’s Chromecast that would offer Prime Instant Video, Netflix, Hulu and other services.”
Read more in the full article here.
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