Amazon Expands Streaming Service Through Licensing Deal with Epix
By Rob Scott
September 6, 2012
September 6, 2012
- Amazon has announced a multiyear licensing deal with Epix that will provide popular films from Paramount and Lionsgate through Amazon’s streaming service.
- “Epix is owned by Lions Gate Entertainment, Viacom Inc.’s Paramount Pictures and Metro-Goldwyn-Mayer Studios Inc., so a deal with Epix amounts to a basket of entertainment from all the studios,” reports the Wall Street Journal.
- The move is expected to help Amazon compete with the likes of Netflix, which recently ended its exclusive deal with Epix.
- “We are investing hundreds of millions of dollars to expand the Prime Instant Video library for our customers. We have now more than doubled this selection of movies and TV episodes to over 25,000 titles in just under a year,” said Bill Carr, VP of video and music at Amazon.
- “That is still a far cry from the roughly 50,000 shows and movies Netflix is estimated to have, and the more than 58,400 videos Hulu offers its subscribers,” notes the article.
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