Amazon.com (NASDAQ:AMZN) has signed a licensing agreement with Viacom.

Amazon.com (NASDAQ:AMZN) Signs Viacom Deal

Amazon.com (NASDAQ:AMZN) has signed a licensing agreement with the entertainment giant Viacom that will bring TV shows from MTV, TV Land, Comedy Central, Nickelodeon, BET, OMT, Logo and Spike to its Prime service.

This deal will increase its streaming videos to more than 15,000 and these new shows will be available from the coming months.

Brad Beale, director of video content acquisition for Amazon.com (NASDAQ:AMZN), said, “Over the last year we have received fantastic customer feedback about Prime Instant Video. We are constantly working to improve the service by adding the shows that our customers enjoy the most. This deal with Viacom brings Prime customers and Kindle Fire users thousands of comedies, kids’ shows, reality TV and much more from some of the best cable networks available”.

Amazon.com (NASDAQ:AMZN) stocks were at 185.48 at the end of the last day’s trading. There’s been a -15.5% change in the stock price over the past 3 months.

Amazon.com (NASDAQ:AMZN) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.67
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.67
Zack’s Rank: 15 out of 18 in the industry