Amazon, Netflix Signs Disney-ABC Streaming Deals

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Amazon and Netflix has has announced separate deals with Walt Disney Co. to offer ABC and Disney Channel shows over the Internet. The deal apply’s to both companies’ streaming products  Amazon Prime instant video and Netflix Watch Instantly.Amazon’s subscription-based unlimited streaming service has closed in on Netflix of late, adding more than 11,000 titles from companies such CBS Corp. since February. Netflix, meanwhile, faces mounting pressure to show it can profitably expand its subscriber base as well as its content library. Last week, it warned it will lose money for at least some of 2012 as it expands into the U.K. and Ireland.  ”We are excited to add some of the very best content available from Disney-ABC to Prime instant video,” Brad Beale, director of video content acquisition for Amazon, said in a statement. “We’re working hard to add even more selection for Kindle Fire customers and Prime members leading up to the holidays, and expect to have nearly 13,000 titles available in Prime instant video by early next year.” Online retail giants Amazon has revealed that this deal adds more than 800 episodes to its Prime instant video service, and that the product offers nearly 13,000 movies and TV shows. Prime is offered as part of its paid shipping service Amazon Prime.