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Hardware & electrical equipment

Amazon is planning a free news app for Fire TV

The app is expected to feature digital content and live video from various TV networks, according to sources

Amazon.com Inc (NASDAQ:AMZN) is developing a free ad-supported video news app for its Fire TV devices, The Information reported Friday.

The app is expected to feature digital content and live video from various TV networks, according to sources familiar with the matter. Executives of the e-commerce titan have approached news outlets in recent weeks about distributing their programming.

Shares gained 0.5% to $1,782.12.

The company hopes to launch the app in the coming months, but a timeline hasn’t been set. Eventually, Amazon hopes to integrate it with its Alexa devices in addition to Fire TV.

Amazon is likely taking its cues from Roku, a chief rival of Fire TV, which recently launched its own free, ad-supported news app called Roku Channel. Roku Channel currently includes programming from ABC News and Yahoo.

Contact Andrew Kessel at andrew.kessel@proactiveinvestors.com

Follow him on Twitter @andrew_kessel

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