Amazon explores TV project

Online retailer Amazon has made a move into television, with the American firm working on a project to provide unlimited shows over the internet for paying subscribers. Reports last night put NBC Universal, Time Warner and Viacom in the frame as potential partners. The new service would compete with firms like Netflix that allow subscribers to stream TV shows and rent films. The Wall Street Journal said Amazon might tie-in the new project with its Prime service, which guarantees users faster delivery for an annual fee.