Amazon announces Video Shorts… and a net loss.

The Seattle-based e-commerce giant is launching a section called Video Shorts. The difference with YouTube is that it only contains professionally produced videos, so no UGC (User Generated Content) at the moment. To be precise, the site currently features “hundreds of thousands” videos, divided in the following categories: Music Videos, Concerts & Live Performances, Movie Trailers, Movie Clips & Featurettes, Actor Interviews, Video Games, Technology, Food & Drink, Beauty, Literature & Books.

The company says that the Video Shorts section was added to Instant Video within the last couple of weeks, though the content it contains has actually been building up on the site for much longer than that. Continue reading “Amazon announces Video Shorts… and a net loss.”