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Amazon Says It Has No Netflix Killer Coming

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AMAZON LOGO
An employee walks over a logo on the floor of Amazon.com Inc.'s fulfillment centers in Rugeley, U.K., on Monday, Dec. 2, 2013. Online retailers in the U.K. are anticipating their busiest day as shoppers flush with end-of-month pay-checks seek Christmas deals on the Web. Photographer: Simon Dawson/Bloomberg via Getty Images | Bloomberg via Getty Images

LOS ANGELES (AP) — Amazon says it has no plans to offer a free streaming media service, addressing speculation ahead of a media event in New York next Wednesday.

Spokeswoman Sally Fouts said Thursday that Amazon runs ads ahead of movie and game trailers, but the company has no plans to offer a free streaming media service.

The Wall Street Journal reported Amazon is considering an ad-supported streaming TV and music video service. The story followed an email Amazon sent reporters inviting them to hear about an update to its video business.

Amazon.com Inc. has invested heavily on making TV shows and movies available to customers who pay $99 a year for Amazon Prime. Members benefit from two-day shipping on certain items and access to videos including original series like "Betas" and "Alpha House."

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