CBS Corp (CBS) And Amazon (AMZN) Reach Non-Exclusive Licensing Agreement, Stream On
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CBS Corporation (NYSE: CBS) and Amazon.com (NASDAQ: AMZN) today announced a non-exclusive licensing agreement that will enable Amazon customers to stream television shows from CBS's vast library.
The new deal will allow Amazon to stream 2,000 episodes to grow the total number of Prime instant videos to more than 8,000 movies and television shows, and offer full seasons for 18 popular television series
Terms of the deal were not disclosed.
Investors should keep an eye out for Netflix (Nasdaq: NFLX), which could see pressure on the news.
The new deal will allow Amazon to stream 2,000 episodes to grow the total number of Prime instant videos to more than 8,000 movies and television shows, and offer full seasons for 18 popular television series
Terms of the deal were not disclosed.
Investors should keep an eye out for Netflix (Nasdaq: NFLX), which could see pressure on the news.
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