NEW YORK and SEATTLE, July 20,
2011 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS)
and Amazon.com (NASDAQ: AMZN) today announced a non-exclusive
licensing agreement that will enable Amazon customers to stream
television shows from CBS's vast library. Terms of the deal
were not disclosed.
Amazon Prime customers will be able to instantly watch thousands
of episodes from the CBS library at no additional cost to their
membership. With the deal, Amazon will add 2,000 episodes to
grow the total number of Prime instant videos to more than 8,000
movies and television shows, and offer full seasons for 18 popular
television series, including "The Tudors," "Numb3rs," "Medium," the
complete "Star Trek" franchise, "Frasier" and "Cheers."
Starting this summer, dozens of CBS shows will also become
available to Amazon Instant Video customers.
"Our new deal with CBS makes Amazon Prime even better for
customers," said Jeff Bezos,
Amazon.com CEO. "We're excited to add thousands of popular
CBS programs to our already great selection, all of which stream at
no additional cost to Amazon Prime members."
"Amazon has created one of the most popular consumer
marketplaces in the world, and we are very pleased to make these
titles available to their Instant Video and Prime customers," said
Leslie Moonves, President and Chief
Executive Officer, CBS Corporation. "This new agreement
represents another meaningful way for us to realize incremental
value for CBS's content."
Amazon Instant Video is a streaming video service that offers
customers more than 90,000 movies and television shows available to
purchase or rent, and with this CBS content included, will offer
more than 6,000 movies and television shows included at no
additional cost with an Amazon Prime membership. Customers
can instantly watch movies and television shows from Amazon on a
Mac, PC or directly on television with any of the 300 compatible
devices.
About CBS Corporation
CBS Corporation is a mass media company with constituent parts
that reach back to the beginnings of the broadcast industry, as
well as newer businesses that operate on the leading edge of the
media industry. The Company, through its many and varied
operations, combines broad reach with well-positioned local
businesses, all of which provide it with an extensive distribution
network by which it serves audiences and advertisers in all 50
states and key international markets. It has operations in
virtually every field of media and entertainment, including
broadcast television (CBS and The CW – a joint venture between CBS
Corporation and Warner Bros. Entertainment), cable television
(Showtime Networks, Smithsonian Networks and CBS College Sports
Network), local television (CBS Television Stations), television
production and syndication (CBS Television Studios, CBS Studios
International and CBS Television Distribution), radio (CBS Radio),
advertising on out-of-home media (CBS Outdoor), publishing (Simon
& Schuster), interactive media (CBS Interactive), music (CBS
Records), licensing and merchandising (CBS Consumer Products),
video/DVD (CBS Home Entertainment), motion pictures (CBS Films) and
sustainable media (EcoMedia). For more information, please visit
www.cbscorporation.com.
About Amazon.com
Amazon.com, Inc. (NASDAQ: AMZN), a Fortune 500 company based in
Seattle, opened on the World Wide
Web in July 1995 and today offers
Earth's Biggest Selection. Amazon.com, Inc. seeks to be
Earth's most customer-centric company, where customers can find and
discover anything they might want to buy online, and endeavors to
offer its customers the lowest possible prices. Amazon.com
and other sellers offer millions of unique new, refurbished and
used items in categories such as Books; Movies, Music & Games;
Digital Downloads; Electronics & Computers; Home & Garden;
Toys, Kids & Baby; Grocery; Apparel, Shoes & Jewelry;
Health & Beauty; Sports & Outdoors; and Tools, Auto &
Industrial. Amazon Web Services provides Amazon's developer
customers with access to in-the-cloud infrastructure services based
on Amazon's own back-end technology platform, which developers can
use to enable virtually any type of business. Kindle, Kindle
3G, Kindle with Special Offers, Kindle 3G with Special Offers and
Kindle DX are the revolutionary portable readers that wirelessly
download books, magazines, newspapers, blogs and personal documents
to a crisp, high-resolution electronic ink display that looks and
reads like real paper. Kindle 3G, Kindle 3G with Special
Offers and Kindle DX utilize the same 3G wireless technology as
advanced cell phones, so users never need to hunt for a Wi-Fi
hotspot. Kindle is the #1 bestselling product across the
millions of items sold on Amazon.
Amazon and its affiliates operate Web sites, including
www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp,
www.amazon.fr, www.amazon.ca, www.amazon.cn, and www.amazon.it.
As used herein, "Amazon.com," "we," "our" and similar terms
include Amazon.com, Inc., and its subsidiaries, unless the context
indicates otherwise.
Forward-Looking Statements
This announcement contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. Actual results
may differ significantly from management's expectations. These
forward-looking statements involve risks and uncertainties that
include, among others, risks related to competition, management of
growth, new products, services and technologies, potential
fluctuations in operating results, international expansion,
outcomes of legal proceedings and claims, fulfillment center
optimization, seasonality, commercial agreements, acquisitions and
strategic transactions, foreign exchange rates, system
interruption, inventory, government regulation and taxation,
payments and fraud. More information about factors that
potentially could affect Amazon.com's financial results is included
in Amazon.com's filings with the Securities and Exchange
Commission, including its most recent Annual Report on Form 10-K
and subsequent filings.
SOURCE CBS Corporation