We all know about the triumphs of online streaming TV giants Netflix and Hulu. Even World Wrestling Entertainment is producing it’s own TV network. What’s Amazon doing?
Amazon is talking to major?media companies, asking their licensing permission to?possibly?start their own pay TV service. Amazon hopes to take advantage of those giving up on cable TV and other pay TV services. Yesterday, Amazon insists they aren’t starting a pay TV service. But they?plan to build their Prime Instant Video library and?start their own shows, produced on Amazon’s own studio lot. While Sony and other companies?are trying to do likewise, Amazon?is already building relationships with the right media companies?and have their?own studios.
I don’t know if Amazon will start their own pay TV or not. But I do know this is another nail in the coffin of traditional cable and/or satellite TV.?And if Amazon produces their own shows, that means more shows and stars will be stolen?from mainstream cable companies. And what if Amazon?produces an?Emmy award winning show? Netflix did.?Why go to the movies?when you know?it will be on Amazon, perhaps the?next month? Will Amazon go?Pay-TV? The way cable is going, will it even have to for it’s continued downfall?