5 Rumored Industries That Amazon Might Break Into Soon
TV is an area that may have been over before it ever began for Amazon. The company was rumored to be working on launching a bundled TV service that was expected to include both broadcast and basic cable networks and could have competed with Hulu and Sling's live TV option. According to Reuters, however, Amazon nixed plans for its live TV service in November because the industry giant felt that it couldn't make enough profit off the service.
Amazon currently offers Prime Video, its streaming video service, but the company may still be trying to set the stage for live programming via a series of small changes. In January, Amazon added live TV guides to its Fire TV, but the channel guides are so far limited to HBO, Showtime, Starz and Cinemax, and can only be accessed if users are subscribed through Amazon Channels, a service within Prime Video.