Amazon new TV, Movie Service

Its very interesting to see Amazon to expand into other services -Cloud, Kindle, Ebooks, and now Amazon's new TV, Movie Service ( which will compete with Netflix).

Their primary business is retail/ecommerce and it's a low margin business. It's clear they want to move into services/businesses that have a higher margin. What's fascinating is that they have got many of their hypothesis or bets right so it will be interesting to see this play out.

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