Amazon Working On New Internet Video ServiceMay 28th, 2008 | By James Lewin | Category: Digital Movie Store, Digital Video Downloads, Internet TV, Streaming Video, Video
Amazon.com is planning to take on Apple’s iTunes Store with a new video-on-demand service, the company has revealed.
Amazon.com CEO Jeff Bezos, speaking at the All Things D Conference, described the service as a “new version of video on demand” that will begin showing videos instantly on personal computers. Videos will be sold on an a la carte basis.
“We’re very serious about the video business, but it is much more difficult because there are so many market participants,” Bezos said.
Bezos did not provide details on the upcoming service.