Amazon denies free streaming service report

|By:, SA News Editor

"We’re often experimenting with new things, but we have no plans to offer a free streaming-media service," an Amazon (AMZN) spokeswoman tells Variety. The comments are in reference to a WSJ report stating the company is looking to launch a free/ad-supported TV and music-streaming service.

Deja vu: In January, Amazon denied a WSJ report stating the company is thinking of launching a Web-based pay-TV service.

Netflix (NFLX) is still down 1.2% premarket, in spite of higher equity futures.