CBS Corporation (CBS) Financial News - Amazon Gives Prime Customers Access to Watch CBS TV Shows Online
CBS Corporation (CBS)
Amazon Gives Prime Customers Access to Watch CBS TV Shows Online
2011-07-20 11:53:38
Quote: (NFLX)CBS Corp. (CBS) allowing
customers to watch thousands of the broadcaster’s TV shows
online.
The non-exclusive licensing agreement adds 2,000 episodes
of CBS shows including full seasons of “Numb3rs†and “Medium†at
no additional cost to subscribers of Amazon Prime service, the
world’s largest online retailer said today in a statement. Terms
of the deal weren’t disclosed.
Amazon Prime is a membership program that gives subscribers
discounts on shipping for an annual fee of $79. In a push to
challenge Netflix and Hulu LLC, Amazon said in February it would
offer Prime customers unlimited streaming access to a library of
content. The CBS deal expands that library to more than 8,000
movies and TV shows.
SeattleNasdaq Stock Market trading. The shares
had gained 21 percent this year before today. CBS climbed 61
cents, or 2.2 percent, to $28.57 on the New York Stock Exchange
and had increased 47 percent this year before today.
Los GatosCalifornia, declined $8.12, or
2.8 percent, to $279.17 on the Nasdaq and had gained 64 percent
this year before today.
asherman6@bloomberg.net
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CBS Corporation Stock Summary
CBS Corporation operates as a mass media company in the United States and internationally. The company operates in five segments: Television, Radio, Outdoor, Interactive, and Publishing. The Television segment operates through CBS Television comprising CBS Television Networks, the 30 owned broadcast television stations; CBS Paramount Network Television and CBS Television Distribution, the television production and syndication operations; Showtime Network, a premium subscription television program service; and CBS College Sports Network, the cable network and online digital media business to college athletics. The Radio segment operates through CBS radio, which owns and operates 130 radio stations in the United States. Its programs include rock, oldies, all-news, talk, adult contemporary, urban, and sports and country. The Outdoor segment displays advertising on media, including billboards, transit shelters, buses, rail systems, mall kiosks, stadium signage, and in retail stores. It provides its services to entertainment, media, automotive, beverage, financial, real estate, retail, healthcare, telecommunications, restaurants, health and beauty aids, hotels, and professional services. The Interactive segment operates an online content network for information and entertainment with a portfolio of brands, including CNET, CBS.com, CBSSports.com, GameSpot, TV.com, Last.fm, and BNET. The Publishing segment publishes and distributes adult and children's consumer books in printed, audio, and digital formats under the Simon & Schuster, Pocket Books, Scribner, Atria Books, Simon Spotlight Entertainment, Free Press, Simon Spotlight, Aladdin Paperbacks, and Books for Young Readers imprints. The company was founded in 1986 and is headquartered in New York, New York.
