(AMZN) Said Looking at Broadcasting Sports with 'Global Appeal'

September 9, 2016 8:41 AM EDT

News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here. (Nasdaq: AMZN) is looking to gain rights on a variety of sports, according to Bloomberg, citing people familiar with the matter.

In particular, Amazon is looking at sports with a global appeal, such as soccer, golf, and tennis. The company is also interested in popular U.S. sports, but current broadcast contracts will likely keep those off the table in the near future.

Amazon has been touting the popularity of its Amazon Prime service, which some analysts estimate has around 63 million subscribers.

It wasn't made clear about specific talks Amazon was having and to which organizations it was currently in negotiations with, if any.

Shares of Amazon are indicated slightly lower in early trading Friday.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Rumors, Trader Talk

Add Your Comment