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Amazon cancels 'skinny bundles' for Channels; Sports Illustrated TV coming soon

Published 11/15/2017, 08:14 AM
© Reuters.  Amazon cancels 'skinny bundles' for Channels; Sports Illustrated TV coming soon
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  • Amazon (NASDAQ:AMZN) scraps plans for streaming “skinny bundles” offering an a la carte approach to television subscriptions.
  • Reuters sources say Amazon’s talks with major broadcast and basic cable networks fell through as the networks were reluctant to join up with the Amazon Channels project.
  • Amazon decided the low margins involved didn’t merit negotiations with the networks.
  • Channels includes over 140 TV and digital networks including HBO and Showtime. While a few of the cable network subscriptions are available straight through Prime, Channels makes the bundles available through the Amazon Video app.
  • In better Channels news, Time announces plans to bring Sports Illustrated TV to the streaming service for $4.99 a month.
  • Amazon shares are down 0.56% premarket.
  • Now read: Amazon And Apple (NASDAQ:AAPL) Agree There's Room For Two At The Top


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