Keeping Up With the Jobs’: Amazon Digital Video to Launch in August

After a year of development, Amazon is finally ready to unveil its new video downloading service sometime next month. Rumor has it that the service, which is called Amazon Digital Video (ADV), will be available in accordance with both a Netflix-style subscription model and with an Itunes-style download-to-own model.

Funny thing is, though, Amazon reportedly decided to focus upon video as a result of iTunes’ dominance of the downloadable music market. Maybe they should have checked with their old buddy Whiskers before making that decision (see July 21st post—Apple has the exact same plan).

The prediction: Apple’s internet video program blows their’s out of the water, just as it did for shoddy attempt at offering music downloads. Both will, however still get smoked for awhile by Netflix.

Thanks to ilounge and tuaw for the scoop.

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