Amazon reportedly nixed plans for its own live TV service

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Amazon was working on plans to launch a streaming bundled TV service that would feature both broadcast and cable networks, though that’s been on hold since the spring, according to Bloomberg. However, now we know why this endeavor was scrapped: money. People close to the issue told Reuters that Amazon believes it will be unable to make money on this kind of bundled cable service.

Source : Amazon reportedly nixed plans for its own live TV service

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