Amazon Readying Launch of Global Streaming Video Service
November 17 2016 - 4:10PM
Dow Jones News
Amazon.com Inc. is on the verge of a massive global rollout of
its streaming video service, people familiar with the matter said,
taking direct aim at rival Netflix Inc.
The e-commerce giant will likely expand its video service into
about 200 countries, the people said. Amazon Prime Video is only
available now in the U.S., U.K., Germany, Austria and Japan, with a
planned launch in India.
Hints about the impending rollout leaked on Wednesday, when
Jeremy Clarkson, the high-profile star of the forthcoming Amazon
show "The Grand Tour," said in tweets that viewers in 200 countries
will be able to watch the automotive comedy show starting in
December. The show debuts on Friday.
"Amazon has gone global," tweeted Mr. Clarkson. "It's going to
be available in 200 territories. That's pretty much
everywhere."
In a YouTube video released Wednesday featuring Mr. Clarkson and
co-stars Richard Hammond and James May, the stars read a distraught
customer's letter complaining that he won't be able to watch "The
Grand Tour" because "Amazon Prime isn't available in my
country...Screw you, 'Grand Tour,' screw you." The stars open a
package from Amazon to find a letter saying that "in December, we
will be launching the show globally—in over 200 countries around
the world."
An Amazon website for the show noted that it will appear
exclusively on Amazon.
That could mean Amazon would expand its video service into
countries where its Prime shipping membership isn't available.
Amazon video is currently only in a subset of the 12 countries
where the shipping membership is available.
A global expansion of Amazon's video service would introduce a
formidable competitor to Netflix around the world. Netflix is
already available world-wide except for a few countries with
stringent regulations or authoritarian regimes like China and North
Korea. The streaming juggernaut expanded into 130 countries in
January, reaching a near-global footprint of more than 190
countries.
While Netflix competes with many local players, Amazon's
presence means another deep-pocketed tech company with strong
Hollywood connections will be vying for a piece of the streaming
market -- courting Western-oriented audiences who can typically
afford to pay more for entertainment.
Laura Stevens contributed to this article.
Write to Shalini Ramachandran at
shalini.ramachandran@wsj.com
(END) Dow Jones Newswires
November 17, 2016 15:55 ET (20:55 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
Netflix (NASDAQ:NFLX)
Historical Stock Chart
From Mar 2024 to Apr 2024
Netflix (NASDAQ:NFLX)
Historical Stock Chart
From Apr 2023 to Apr 2024