The Zacks Analyst Blog Highlights: Amazon.com, Netflix, Apple, Microsoft and
CHICAGO, May 20, 2013
CHICAGO, May 20, 2013 /PRNewswire/ -- Zacks.com announces the list of stocks
featured in the Analyst Blog. Every day the Zacks Equity Research analysts
discuss the latest news and events impacting stocks and the financial markets.
Stocks recently featured in the blog include Amazon.com Inc. (Nasdaq:AMZN),
Netflix Inc. (Nasdaq:NFLX), Apple's (Nasdaq:AAPL), Microsoft (Nasdaq:MSFT) and
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Here are highlights from Friday's Analyst Blog:
Amazon, NBCUniversal Deal Expanded
Amazon.com Inc. (Nasdaq:AMZN) announced the expansion of its content licensing
agreement with NBCUniversal Cable & New Media Distribution, extending the
archive of television shows and films currently available on its streaming
video site, Amazon Prime Instant Video.
Amazon Instant Video is a digital video streaming and download service that
lets users rent, buy or subscribe to a range of video content.
The NBCUniversal deal will make Amazon's Prime Instant Video the exclusive
online subscription service for streaming the prior seasons of fantasy drama
'Grimm', spy thriller 'Covert Affairs', psychological thriller 'Hannibal' and
many more. Also, various popular children's programs including Curious George
and Land Before Time will be available for free.
The online retailer has been consistently upgrading and promoting movies and
television shows on its streaming video service. Over the past 12 months,
Amazon has entered into a number of deals with every major Hollywood studio as
well as some of the major cable networks. Recently, Amazon signed a deal with
CBS for the exclusive right to stream a new drama, Under the Dome.
We believe the deal is the latest effort by Amazon to strengthen its position
versus Netflix Inc. (Nasdaq:NFLX), the leading online video subscription
service in the United States. Additionally, Amazon Studios plans to produce 14
test episodes of comedies and children's series, which will be available on
the Amazon Instant Video streaming service free of cost.
Amazon is spending a considerable amount on licensing deals for movies and TV
shows to attract more viewers to Prime Instant Video. Though these deals are
helping it to build a library of television shows and movies, Amazon is well
behind rival Netflix.
Currently, Amazon Prime Instant Video offers more than 40,000 movies and shows
on Kindle Fire and Fire HD as well as Apple's (Nasdaq:AAPL) iPad, iPhone and
iPod touch. It is also available on Roku set-tops, Microsoft (Nasdaq:MSFT)
Xbox 360s, Sony (NYSE:SNE) PlayStation 3s and the Nintendo Wiis and Wii Us.
Amazon is one of the leading players in an extremely fast-growing market. In
the first quarter, Amazon's earnings were well ahead of the Zacks Consensus
Estimate of 10 cents. But revenues of $16.07 billion were down sequentially as
well as from the year-ago quarter.
Amazon shares currently retain a Zacks Rank #3 (Hold).
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