Market Overview

Amazon Will Premiere New Comedy Series On Facebook, Not Prime Video

Amazon Will Premiere New Comedy Series On Facebook, Not Prime Video, Inc. (NASDAQ: AMZN) announced that it will launch its new comedy series, "Catastrophe," on Facebook Inc (NASDAQ: FB), instead of through its Prime video service.

Amazon will make Facebook the exclusive source of the series premiere for its first 48 hours. After that, the first episode will be available on Prime Instant Video, followed by the rest of the season on June 19.

Typically, Amazon will make its shows available on Prime to allow users to help curate shows that it should pick up. However, with "Catastrophe," the company secured the U.S. distribution rights shortly after the British comedy started airing on the UK's Channel 4.

Related Link: Yusko Compares Twitter Unfavorably With Facebook

The comedy stars Sharon Horgan and Rob Delaney.

Delaney's character was on a business trip to London when he develops a relationship with Horgan. Horgan's character becomes pregnant, at which point Delaney moves to London to become the father he didn't have.

The video will air on Facebook beginning at 7 p.m. ET on Monday, June 15. In the UK, the series has already been renewed for a second season.

Consumer Reports recently compared Prime Instant Video with Netflix, Inc. (NASDAQ: NFLX). Consumer Reports said that Netflix is best for high-definition videos, while Amazon Prime would be best for consumers who are OK with standard definition, but like greater selection.

Both Amazon and Netflix shares have handily outperformed the market year to date, though Netflix's 88 percent return is more than double Amazon's 37 percent return.

Both Amazon and Netflix are trading lower in Monday's session.

Posted-In: Amazon Amazon Prime Instant Video Facebook NetflixNews Events Tech Best of Benzinga


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