Amazon scraps bundled video service: Sources

Amazon scraps bundled video service: Sources

7 years ago
Anonymous $ZOEEBQ1zf0

https://www.cnbc.com/2017/11/15/amazon-scraps-bundled-video-service-sources.html

Amazon.com has scrapped plans to launch an online streaming service bundling popular U.S. broadcast and cable networks because it believes it cannot make enough money on such a service, people familiar with the matter told Reuters.

The world's largest online retailer has also been unable to convince key broadcast and basic cable networks to break with decades-old business models and join its a la carte Amazon Channels service, the sources said and has backed away from talks with them.