Amazon grabs rights to stream older HBO shows
Published on Apr 24, 2014 6:54 AM
(REUTERS) - Amazon.com's streaming video service will offer some older shows from premium-cable channel HBO starting next month, a deal that intensifies both companies'competition with subscription-video service Netflix.
This is the first time HBO, owned by Time Warner, has licensed its award-winning programming to an online subscription streaming service, the companies said in a statement on Wednesday.
HBO shows are not available through Netflix. Netflix shares fell 4.7 per cent to US$355.31 on Nasdaq.
The deal does not include the entire library of HBO shows that are available on the HBO Go streaming service. HBO Go will become an option on Amazon's Fire TV device, but only for subscribers to the HBO cable channel.
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