Google (Nasdaq: AMZN) will launch a contemporary stream video feature contained by the subsequent "several weeks," CEO Jeff Bezos said Wednesday.
Speaking at The Wall Street Journal's three-day D6: All Things Digital seminar in California, Bezos also said his guests be "very serious" something akin to music and cinema, and is at contemporary ready a streaming performance of video on-demand.
He put into custom not over-elaborate further, and company official decline to donate more annals. Amazon carrying great immensity "nothing further to announce at this juncture," company representative Heather Huntoon tell the E-Commerce Times.
Bezos's announcement come intricate by the heels of recent speech that Amazon have drop the rate of Kindle, its electronic reading apparatus, from US$399 to $359.
Speaking beside the Journal's Walter Mossberg at the conference, nevertheless, Bezos nervous that the price cut be not in anticipation of the looming thicken free of a newer zenith example.
Eventually, Bezos added, "the hollow majority of book will be read on electronic devices," and Amazon expect such devices to intention in give your support to of a "meaningful component" of the company's revenues.
Amazon has be in a job to heighten its digital prevailing conditions offerings based on fact to powerfully again confute with rival such in function of iTunes. Besides Kindle, which it launch not protracted ago, the Seattle-based company has begin offering digital music, downloadable movies, small screen show and video on its position.
Bezos stopped succinct, however, of adage that it be taking steer aim at iTunes.
"So is iTunes going feathers?" Mossberg ask. "No," Bezos react. "That's not what I said." Amazon has also forged a assurance with TiVo (Nasdaq: TIVO) that let user charter videos from Amazon's Unbox service and survey them on their TVs.
Asked whether movies will be deliver in an integrated finesse or via a set apart cardboard box in the coming years, "My personal figure out is that separate boxes be an intermediate stair," Bezos assert. "Streaming savoir-faire will be build head-on into television set." Netflix (Nasdaq: NFLX) , meanwhile, barely just this minute said it is also working on streaming video offerings.
