Wednesday, June 13, 2012

Deal-O-Meter: Amazon inks agreement to stream MGM movies and TV shows

Online retailer told NY Post reporters Wednesday it entered a licensing agreement with Metro-Goldwyn-Mayer (MGM) Studios to add more than 18,000 movies and television episodes through 2012 to its Prime Instant Video segment.

MGM brings movies such as "The Terminator," "Rain Man" and "The Silence of the Lambs" to Amazon's online streaming platform, which is free for its Prime users, who pay a membership fee.
Amazon in July reached a deal with NBCUniversal Domestic TV that added more than 9,000 movies and TV shows and also with CBS, allowing users to stream an additional 2,000 episodes of the television network's shows.  The company aims to become a more meaningful video-streaming rival to Netflix, which began as a DVD-by-mail company but has expanded its online offerings….

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