(NBC+Amazon) + (Mystery/ Amazon Press Conference) = Rocketing Shares for Amazon

Amazon stocks hit an all time high Friday after Amazon announced an expanded agreement with NBC Universal. Meanwhile, conjecture regarding new Kindle Fire Tablets and a possible Kindle Phone is running wild.

In a press release last Friday, Amazon was pleased to announce an expanded content licensing agreement with NBC Universal Cable & New Media Distribution, adding hundreds of popular and award-winning TV episodes to Prime Instant Video. The day before this announcement, Amazon sent out media invitations for a huge press conference in Santa Monica, CA. to be held on September 6th. The rising speculation is that Amazon will be launching new Kindle Tablets.

Amazon Shares Gained 2.3%

According to NASDAQ, shares of Amazon.com closed up 1.9%, to $245.74, after the stock hit a record high of $246.87 on Friday. Amazon stock has risen more than 40% this year.

Amazon’s Newest Press Conference ~

Brad Beale, Director of Digital Video Content Acquisition for Amazon stated:.

“We are excited to be working with NBC Universal to add their award-winning lineup of TV shows such as Parks and Recreation and Friday Night Lights to Prime Instant Video. We continue to invest heavily in our content selection for Prime members, and have now reached over 22,000 movies and TV episodes available instantly with unlimited streaming.”

Frances Manfredi, President, Cable & New Media Distribution for NBC Universal added:

“We are thrilled to have several of our iconic programs available to subscribers of Amazon Prime, a service focused on the best possible consumer experience. We look forward to further expanding NBCU’s content offering available to Prime subscribers in the near future.”

Among the most popular series being added through NBC Universal are prior seasons of:

  • Parks and Recreation
  • Parenthood
  • Friday Night Lights
  • Heroes
  • Battlestar Galactica  and more.

What Is Amazon Prime?

Prime Instant Video now features more than 22,000 movies and TV episodes for Prime members to stream on Kindle Fire or any of the hundreds of compatible Amazon Instant Video devices including iPad, Roku, Xbox 360 and the PlayStation 3.

To start watching Prime Instant Video, visit Amazon.com/PrimeVideos.

How to Become a Prime Member

Customers who are not yet Prime members can sign-up at Amazon.com/PrimeVideos. New Kindle Fire owners enjoy a free one month trial right out of the box with Kindle Fire.

Here’s a list of compatible Amazon Instant Video devices.

Market Watch

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