Amazon may launch a streaming video alternative
Watch out, Netflix! Amazon may have some idea to compete with you in the streaming-video space.
According to the New York Post on Friday, Amazon founder and CEO Jeff Bezos is planning to release a new ad-supported video streaming service early next year.
The service will be separate from the company’s $99-a-year Prime membership, which includes a video service, the Post reported.
The Post did not say if the new service would be free or chargeable. Amazon’s Prime service costs $99 a year.
Amazon was not immediately available for comment.
The new service will also compete directly with Hulu, whose charges start at $7.99 a month like Netflix Inc. for their American customers.
Though the new service will be separate from Prime, ultimately Amazon plans to lure more users and eventually get them to sign up for Prime, the Post added.