Amazon to Sign Video Deal with Viacom

Recent reports suggest that Amazon and Viacom are planning to sign an agreement somewhere this week. If this deal finalizes, this will bring Amazon a step closer to launch its standalone video streaming service, according to Reuters.

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The deal is already official as Amazon bringing thousands of TV episodes from MTV, Comedy Central Nickelodeon, TV Land, Spike, VH1, BET and CMT onto its Prime Instant Video service.

The Prime Instant Video of Amazon is a part of the Amazon Prime program at the moment that offers members with unlimited two-day shipping as well as certain other benefits just for $79 per year.


Last in September, Amazon finalized a video deal with Fox. Prior to this, the company has already signed agreements with CBS, NBC, Sony, Warner Bros and several others.

Amazon recent efforts of signing a video deal with Viacom are its attempt to make its Prime Instant Video platform a true competitor to Netflix along with other available streaming services. Interestingly, Google and Verizon are reportedly aiming to launch an online streaming service somewhere this year. Healthy competition will certainly improve the quality of streaming services.

In the United Kingdom, a tough competition is going on for the streaming video crown as Netflix has recently introduced its streaming service to give tough time to Amazon’s LoveFilm.

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