Wednesday, September 01, 2010

Amazon Grabs the TV Remote - WSJ.com

If Amazon is serious about this market, it should acquire Netflix

Amazon.com Inc. is working on a new subscription service that would deliver TV shows and movies over the Internet, ramping up the battle among Web companies to control entertainment in the living room.

The Internet retailer has in recent weeks pitched a Web-based subscription service to several major media companies, including General Electric Co.'s NBC Universal, Time Warner Inc., News Corp. and Viacom Inc., among others, according to people with knowledge of the proposal.

Amazon Grabs the TV Remote - WSJ.com

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