Amazon to create online TV service

Amazon has proposed a web-based subscription service to several major media companies including General Electric Co's NBC Universal, Time Warner Inc and Viacom Inc.
According to The Wall Street Journal, at least one version of Amazon's proposal, subscriptions could be bundled with its existing Amazon Prime service immediately giving the service a large number of built-in subscribers.
Prime is a service that offers members free two-day shipping on most Amazon purchases for $79 a year.
However, the officials from the Amazon company rejected to make any comment on the matter.
OneIndia News
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