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Amazon.com (AMZN) Signs Prime Instant Video Licensing Agreement With A+E Networks

 January 04, 2013 10:54 AM
 


(By Balaseshan) Amazon.com Inc. (NASDAQ: AMZN) said it has signed a content licensing agreement with A+E Networks to add prior seasons of popular series from A&E, bio, HISTORY and Lifetime to the Prime Instant Video service.

The deal with A+E Networks will bring Prime customers more TV episodes from some of their highest rated television programming including Pawn Stars, Storage Wars and Dance Moms, which are also available for purchase through Amazon Instant Video.

A+E Networks is comprised of A&E, HISTORY, HISTORY en Espanol, Military HISTORY, H2, Lifetime, LMN, LRW, bio, Crime & Investigation Network, A&E IndieFilms, A+E Networks International, A+E Networks Digital and A+E Networks Consumer Products.

[Related -Amazon.com, Inc. (AMZN) Q4 Earnings Preview: Will Amazon's EPS Top Street?]

Prime Instant Video now features more than 33,000 movies and TV episodes for Amazon Prime members to stream instantly, at no additional cost, on Kindle Fire HD or any of the hundreds of compatible Amazon Instant Video devices, including iPad, iPhone, iPod touch, Roku, Xbox 360, PlayStation 3, and the Wii U.

Amazon Instant Video is a digital video streaming and download service that offers Amazon customers the ability to rent, purchase or subscribe to a huge catalog of videos.

Customers can choose from more than 145,000 titles to purchase or rent and content ranges from new release movies to classic favorites, major television shows, entire seasons, or even day after air TV, Amazon noted.

[Related -Level Watching and Swing Trade Planning for Amazon (AMZN)]

Prime Instant Video is Amazon's video subscription offer that includes more than 33,000 movies and TV episodes selected from the full assortment available at Amazon Instant Video. This subscription offer allows U.S. Prime customers to stream as many titles from Prime Instant Video as they like, at no additional cost.

Amazon Prime is an annual membership program for $79 a year that offers customers unlimited Free Two-Day Shipping on items including books, home and garden products, electronics, video games, clothing, and much more.

AMZN is trading down 0.24% at $257.86 on Friday. The stock has been trading between $172 and $264.11 for the past 52 weeks.

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