Amazon has been busy, but it’s not the only company in the streaming-TV business.
Other companies, too, are working on a streaming TV service to replace Roku, Amazon’s original.
The company has been working on its own streaming-tv service since last fall, and it is reportedly still looking for an investor.
The company has already secured more than $3 billion in funding from private investors, which include the investment firm Andreessen Horowitz and hedge fund Elliott Management.
The streaming- TV platform is meant to be a replacement for Roku, which it is aiming to compete with on price and functionality.
The streaming-video service would offer the same content that Roku has already sold over the last two decades, but with the ability to stream to other devices, including televisions.
Amazon is also working on other streaming- media products, including a subscription-video-on-demand service called Fire TV.
This isn’t the first time Amazon has started developing its own video-ondemand services.
In the past few years, the company has also been investing in its own television-on‑demand service, Amazon Prime Video.
The biggest rival for Roku is the streaming service of Hulu, which launched last year.
Hulu has over 3 billion subscribers worldwide.
Amazon has long been rumored to be working on an on-demand video- on-line service for the streaming platform.