Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Amazon to Launch On-Demand Video Streaming

Service to rival Netflix will be up and running within weeks

By Rob Quinn,  Newser Staff

Posted May 29, 2008 9:41 AM CDT

(Newser) – Amazon plans to open the sluices for pay-per-view video streaming within weeks, Reuters reports. The Internet retail giant already rents videos for download via the Web but is enhancing its digital media service to better compete with rivals like Apple and Netflix. Amazon boss Jeff Bezos told a conference yesterday the service will be "a new version of video on demand."

Netflix has recently announced a similar streaming service, allowing consumers to watch movies without having to download hefty files. Bezos didn't offer the conference any further details on the new service, but analysts say the move signals the company's determination to make sure it's well-placed to compete in the increasingly crowded digital video marketplace.

Jeff Bezos, Amazon.com, founder and CEO, takes questions from shareholders during the Amazon shareholders meeting in Seattle in this June 14, 2007 file photo.
Jeff Bezos, Amazon.com, founder and CEO, takes questions from shareholders during the Amazon shareholders meeting in Seattle in this June 14, 2007 file photo.   (AP Photo/Marcus R. Donner, file)
Amazon founder and CEO Jeff Bezos delivers a speech in this 2008 file photo. Bezos announced Amazon's new vide-streaming service yesterday.
Amazon founder and CEO Jeff Bezos delivers a speech in this 2008 file photo. Bezos announced Amazon's new vide-streaming service yesterday.   (Getty Images (by Event))
Amazon has been beefing up its digital offerings to better compete with rivals like Apple.
Amazon has been beefing up its digital offerings to better compete with rivals like Apple.   (AP Photo)
« Prev« Prev | Next »Next » Slideshow
To report an error on this story, notify our editors.
A snapshot of the day's best news stories.
 
COMMENTS
Be the first to comment on this story.

More Newser Stories

Hulu, Netflix Launch Original Programs

Amazon Prime Scores More TV With Viacom Deal

Verizon, Redbox Team Up to Take Down Netflix

Netflix Rebounds, Shares Surge

In 3 Months, We Streamed 2B Hours of Netflix Videos


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   Betty Confidential   |   BuzzFeed   |   Cracked   |   Fark   |   Timelines   |   The Frisky   |   Geek Sugar   |   NewsOne