Amazon changing plans on live TV

Amazon had been working on plans to introduce live TV to their streaming service but have now had a little bit of a change of plans. Every streaming service has been working on offering streaming live TV as an alternative to cable or satellite TV but no one has been able to figure out how to make it work and turn a profit. Unfortunately if Amazon doesn't see a way to make a profit it probably doesn't mean good news for some of the others who were hoping to make this finally work. Engadget has the full story.

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.