Amazon Set to Rival Netflix with Online Movie Service


Amazon will soon become a serious competitor to Netflix’s online movie rental service. Sources suggest that the world’s biggest online retailer is in discussions with a number of movie studios about acquiring content for setting up an online movie streaming service similar to Netflix. Sources added that is yet to conclude negotiations with big Hollywood studios even as it has already acquired rights for a number of independent movies. Initially, Amazon was looking at a mid-February release for the service but the date was postponed by the company in order to rectify technical problems and acquire additional movie rights. As of today, there is no clarity on when the service will actually be released. → Read More