January 4, 2013
In a press statement released Friday, Amazon (NASDAQ: AMZN ) announced that it has signed a content licensing agreement with A&E Networks to bring shows from prior seasons from the company's channels to Amazon's Prime Instant Video service.
Prime, which currently hosts more than 33,000 movies and television shows, will now add content from A&E-owned channels History, Lifetime, A&E, and Bio. The move will open up high-profile shows such as Pawn Stars, Dance Moms and Storage Wars to Prime customers. Amazon says it has more than doubled Prime Instant Video selections in a year.
Prime, which customers can buy for $79 per year or $7.99 per month, competes directly with Netflix (NASDAQ: NFLX ) and Hulu in the growing Internet-streaming video industry.
Financial terms of the A&E deal were not disclosed in the press release.