According to people familiar with the plan, Amazon.com is developing new devices incorporating live television, work around the cable provider, infringement of the TiVo Corp market. This device, called Amazon Frank, is a new type of digital video recorder in the streaming era. It includes physical storage and is said to connect to an existing Amazon TV light box, which is a salon hub of its online video initiatives. They asked not to be identified by discussing product data that was not advertised. Amazon spokesperson refused comment.
Frank's DVR has the same radio technology as Amazon's Echo and the speaker connects to the Fire TV box. Users can record live TV and stream video to the smartphone for later viewing. This function is similar to that of TiVo and Dish Network Corp. Slingbox. If Amazon has not yet finalized the deployment of the streaming function, he pointed out that the plan may be canceled or postponed.
In the afternoon TiVo shares fell by 10% in New York. Currently, Fire TV streams deliver content via Amazon channel services, including programs from providers such as HBO, but boxes can not store video locally. Amazon is working more focused on the live content of Fire TV users.
The huge laboratory of e-commerce 126 R & D centers are working on DVR, the latest version of a series of home gadget connected gadgets. The group created an echo speaker and made a home robot named Project Vesta.
Amazon wants to occupy the salon thanks to the devices and services. The company invests in original films, television programs, live sports and makes premium subscriptions an alternative to broadcasting services like Netflix Inc. Priority members pay annual or monthly fee The customers viewing Amazon video content are likely to renew their membership.
Amazon also plans to update the Fire TV key, which is a small version of Fire TV, with new software added by that person. He is also looking for Fire TV software and video content of other TVs of other companies. Currently Amazon sells Fire & Television of Toshiba and Westinghouse and is looking for more production partners to compete with Roku Inc. which has software on many TV models. TV Fire streaming device is Amazon's bestselling product. Early this year, Amazon cooperated with Best Buy to sell brand TV of Fire TV manufactured by Toshiba and Insignia.
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