Netflix can continue to stream shows, add new content; Amazon expands library by 800 titles
Disney-ABC Television Group renewed its streaming deal with struggling Netflix and announced a new agreement with Netlfix rival Amazon on Monday.
The Amazon deal expands its Prime Instant videos library to include 800 Disney-ABC TV titles, including ABC Family's "Greek" and "The Secret Life of the American Teenager," ABC Studios' "Lost," "Grey's Anatomy" and "Felicity," the Disney Channel's "Phineas & Ferb," and Marvel's "Spider Man" and "X-Men Evolution." Prime member now have access to nearly 13,000 movies and TV shows.
The Netflix deal covers much of the same content. It extends a deal allowing Netflix to stream hundreds of library episodes from ABC Studios, Disney Channel and ABC Family, including prior season episodes of "Grey's Anatomy," "Desperate Housewives," and "Private Practice," all episodes of "Lost," "Brothers & Sisters," ABC Family series including "Secret Life," and "Melissa & Joey," and Disney Channel series including "Phineas and Ferb," "Good Luck Charlie," and "Hannah Montana."
Netflix will also add additional shows in the deal, includi ABC Family's "Switched at Birth," prior episodes of Disney Channel's "Kick Buttowski," and all episodes of "Alias."
The announcements come as Netflix is trying to fend off rivals, including Amazon. The company's stock plunged 35 percent last Monday on news that it had shed 800,000 subscriptions during the third quarter.
Netflix stock was down 1.45 percent to 82.92 as of 9:50 a.m. ET Monday. Amazon was up .45 to 218.30.