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Amazon/HBO Deal The Kind That Would Make Reed Hastings Jealous

Amazon/HBO Deal The Kind That Would Make Reed Hastings Jealous
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Amazon.com (NASDAQ: AMZN) on Wednesday announced it has entered a multi-year deal to bring award-winning HBO shows to its Prime Members.

This is the kind of deal that would make Netflix (NASDAQ: NFLX) CEO Reed Hastings (and Netflix costumers) jealous.

Amazon Prime will soon begin showing all seasons of TV's mos- talked about shows from the past 10 years, including The Sopranos, Boardwalk Empire, The Wire, Six Feet Under and many others. Miniseries such as Band of Brothers, The Pacific and many more will also be available, as well as original comedy specials from Lewis Black, Bill Maher, Louis CK and Ellen DeGeneres.

Related: Netflix And Comcast In War Of Words

Amazon Prime members will have unlimited streaming access to all seasons of HBO programming as soon as May 21.

Other HBO shows such as Girls, The Newsroom and VEEP will become available approximately three years after airing on HBO, according to an Amazon.com press release.

“HBO has produced some of the most groundbreaking, beloved and award-winning shows in television history, with more than 115 Emmys amongst the assortment of shows coming to Prime members next month,” said Brad Beale, Director of Content Acquisition for Amazon. “HBO original content is some of the most-popular across Amazon Instant Video—our customers love watching these shows. Now Prime members can enjoy a collection of great HBO shows on an unlimited basis, at no additional cost to their Prime membership.”

Shares of Netflix were trading lower by four percent on Wednesday in the pre-market session, as investors could interpret the agreement as a sign that Netflix's dominance in online video streaming and content acquisition isn't as strong as many had previously assumed.

Posted-In: Amazon Amazon Prime Band of Brothers Boarwalk EmpireNews Events Tech Trading Ideas Best of Benzinga

 

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