UPDATED 10:56 EST / SEPTEMBER 01 2010

Amazon Gets To Streaming: Media Mavericks or Playing Catch Up?

Amazon is preparing to battle with Netflix and Google (and Apple?) as it offers streaming TV services, offering shows and movies online.  This puts Amazon on par with Android’s goals around streaming, teaming with broadcast networks like Fox and ABC for rentals priced at $.99. It would be yet another media-centric opportunity for Amazon, as it already offers a hefty catalog of content via its online store, Roko Set-top box, some Blu-ray players and Microsoft’s Xbox 360.

Amazon certainly doesn’t want to overlook this huge industry.  Other Amazon prospects are NBC Universal, Time Warner and News Corp.   Netflix has already spent $200 million for its Epix content, a movie network backed by Paramount, MGM and Lionsgate, with its viewers doubled over the past year.  Google TV has high expectations, though details around signed partnerships have been shaky.  This quarter, 15 million subscribers watched at least 15 minutes of  streaming video,  comprising 61 percent of users as compared to the 37 percent around the same time a year ago.  The figures are indeed stunning.

Turbo-charge membership is one of Amazon’s tactics to counter this. It would be pretty tough for Amazon to catch up to Netflix, particularly as the on-demand rental service rapidly seeks its own expansion across mobile and other spaces.


A message from John Furrier, co-founder of SiliconANGLE:

Your vote of support is important to us and it helps us keep the content FREE.

One click below supports our mission to provide free, deep, and relevant content.  

Join our community on YouTube

Join the community that includes more than 15,000 #CubeAlumni experts, including Amazon.com CEO Andy Jassy, Dell Technologies founder and CEO Michael Dell, Intel CEO Pat Gelsinger, and many more luminaries and experts.

“TheCUBE is an important partner to the industry. You guys really are a part of our events and we really appreciate you coming and I know people appreciate the content you create as well” – Andy Jassy

THANK YOU