(By Balachander) Amazon.com Inc.'s (NASDAQ: AMZN) Prime Instant Video services will be the exclusive online subscription home for CBS Corp.'s (NYSE: CBS) "Under the Dome" show. The new TV series based on Stephen King novel and produced by Steven Spielberg's Amblin Television will premiere on the CBS Television Network on June 24.
Under a content licensing agreement between the companies, Amazon Prime members will have unlimited access to series episodes just four days after their initial broadcast on CBS.
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The news show will also be available for purchase and download exclusively on Amazon Instant Video, the companies said.
"With this innovative agreement, we're giving fans more options to watch and stay current with this serialized series, and doing so in a way that protects the Television Network's C3 advertising window," CBS said.
Earlier this month, Seattle-based Amazon said the Prime Instant Video will soon become the exclusive online subscription home for PBS hit Downton Abbey.
On Monday, AMZN shares shed 1.30 percent to trade at $258.58, while CBS shares traded 1.40 percent lower at $42.23.