Friday, July 29, 2011

AMAZON SIGNS STREAMING DEAL WITH NBCUNIVERSAL


Amazon announced on Thursday that it has inked an agreement with NBCUniversal to provide its subscription customers with access to 1,000 Universal Pictures movies. The deal is in addition to the online retailer’s recent agreement with CBS to offer shows such as Star Trek and Cheers to its customers. The new content includes films such as Being John Malkovich, Jetsons, Flipper, Fear and Loathing in Las Vegas and Billy Elliott. Amazon is largely expected to release at least one tablet in the coming months, which will provide its customers with near instant access to its Amazon Unbox, Amazon Mp3, Kindle, Cloud Music and Cloud Drive services. Comcast owns 51% of NBCUniversal while General Electric owns the remaining 49%. Terms of the deal were not disclosed.

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