Amazon.com Inc. (AMZN) Signs Deal with Scripps Networks Interactive, Inc. (SNI)

Amazon.com Inc. (NASDAQ:AMZN) – a favorite stock play by nearly 60 equity hedge funds we watch –  has been making some headlines with its aggressive push to  improve its video-streaming library for its Amazon Prime Instant Video service, which has been gathering momentum since it launched last year with a $79 annual subscription that includes the Amazon Prime shipping feature of free two-day shipping on items.

There was recent news that Amazon.com Inc. (NASDAQ:AMZN) became the exclusive streaming home for episodes of the hit PBS/BBC series “Downton Abbey,” which has captivated the U.S. Now, Amazon has stepped out to take on a bigger bite, as it has announced a licensing agreement with Scripps Networks Interactive, Inc. (NYSE:SNI) , which allows Amazon to stream episodes of popular shows on the Scripps family of cable networks like Food Network, HGTV, DIY Network, Cooking Channel and Travel Channel.

Amazon.com, Inc. (NASDAQ:AMZN)Some of these shows include Iron Chef America, House Hunters, Man vs. Food, Throwdown with Bobby Flay and Chopped, among others. Many of these programs will also be available for purchase and download directly from Amazon Instant Video. This marks the first online-only subscription-based video distribution contract for Scripps Networks Interactive, Inc. (NYSE:SNI).

“The Scripps family of networks – including HGTV, DIY Network, Food Network, Cooking Channel and Travel Channel – airs some of the highest-quality and most popular unscripted lifestyle programming on TV today,” said Amazon.com digital video content chief Brad Beale. “We are excited to be the exclusive online-only subscription home for Scripps content and know our customers are going to love getting these great shows as part of Prime.”

What do you think about this deal? Are you a fan of any of the Scripps networks or these shows, and what are your thoughts about getting these shows stremed through Amazon.com Inc. (NASDAQ:AMZN) Prime Instant Video? Let us know your thoughts, including how you think this might help Scripps Networks Interactive, Inc. (NYSE:SNI).

DISCLOSURE: I own no positions in any stock mentioned.

Please see these related AMZN articles:

Improve Your Portfolio with These Stocks

Amazon Launches Cloud Player App for iPad

Amazon Among 3 Companies to Own This Year

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Best States To Practice Medicine

The 10 Best States to Have a Business

The 12 Most Expensive Apple (AAPL) Apps in the Market

The 10 Richest Billionaires in the World

10 Biggest Kickstarter Failures

The 10 Best Places to Work At

The Top 10 of Google Inc (GOOGL)’s Most Expensive Acquisitions

13 Best Cities to Visit in South America

10 Most Expensive Works of Art of All Time

The 10 Richest Banks in the World

The 10 Best-Paying Jobs in America (2014)

7 Most Expensive Foods in the World

The World’s Top 10 Earning Authors

Five Wicked and Very Expensive Items (and Other “Stuff”) Sold on eBay

10 Biggest Celebrity Bankruptcies

The Top 10 Highest Paid CEOs in 2014

The 10 Most Expensive Real Estate Cities in America

10 Most Expensive States To Live In America

The 10 Best Airlines in the World

The 10 Best-Selling Cars in 2014

The 10 Best Industries to Invest In

The 10 Most Expensive States to Own a Car In

Top 10 Business Schools in US: 2014 Rankings

Top 20 Female Billionaires in 2014

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top 6 Tax Scams and How to Protect Yourself

Top Businesses to Invest In

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!