Amazon.com Inc., the largest online retailer, will launch a service to view online videos during the next few weeks, which will increase its digital offer.
Jeff Bezos, who spoke on a three-day conference organized by the newspaper The Wall Street Journal, not at length and a spokesman for the company did not provide further details.
The company has expanded its offering of digital media to compete with rivals such as computer maker Apple Computer, which dominates the category of downloading music with its iTunes site.
Amazon is raising its own digital music store offering downloads of films, television programs and videos on their website.
The company is not alone in offering the service of online videos, which allows in essence rent movies online instead of downloading large files for storage in personal computers or other devices.
On Wednesday, the executive president of the DVD rental by mail company Netflix Inc., Reed Hastings, said the firm is currently funding an online video service “to give us years of subscriptions and expansion of earnings.”
“Once we have ready the service we can attract more than 20 million subscribers in the world,” Hastings said in a conference with investors in San Francisco.
