Items tagged with (NASDAQ: VIAB)

Amazon is serious about shoring up its catalog of streaming titles, so much so that it went and cut its biggest check ever for a subscription-streaming license. The Prime video provider struck a deal with Viacom, forking over more than $200 million to secure the rights to hundreds of kids' shows, including the wildly popular Spongebob Squarepants and Dora the Explorer franchises. Citing a "person familiar with the deal," Reuters says the deal is good for more than two years and includes a deeper library of titles than what Netflix previously had access to. Speaking of which, the timing of the deal comes only a few days after Netflix stopped streaming Nickelodeon shows, as that deal just expired.... Read more...