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Broadband

Amazon abandons plans for TV service - report

Wednesday 15 November 2017 | 17:29 CET | News
Amazon has scuppered plans to introduce a streaming service that would bundle the most popular US broadcast and cable networks, saying the profit margins for such a service are looking too low, Reuters reported, citing people familiar with the matter. With broadcast and cable networks refusing to join the Amazon Channels service, the company has also stopped all talks.

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Categories: Broadcast & Satellite / Internet
Companies: Alphabet / Amazon / Discovery Communications / HBO / Hulu / Viacom / YouTube
Countries: United States / World
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