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Amazon Studios Ups Video Content with Five Pilot Releases
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Amazon.com Inc.’s (AMZN - Free Report) film production division, Amazon Studios, announced its decision to launch five original TV series for this pilot season in the U.S., U.K., Germany, Austria, and Japan on Mar 17.
Amazon Instant Video is a digital video streaming and download service that lets users rent, buy or subscribe to a range of video offerings.
Coming to the price performance, over the past one year, shares of Amazon outperformed the Zacks categorized Electronic Commerce industry. While the industry gained 40.69%, the stock returned 50.83%.
Details
These pilots include comedies, The Legend of Master Legend, executive produced by Youree Henley, Joshuah Bearman and David Klawans along with executive producers Micah Fitzerman-Blue and Noah Harpster; Budding Prospects, executive produced by Terry Zwigoff and Vincent Landay; The New VIPS, which stars Ben Schwartz and Missi Pyle; The Marvelous Mrs. Maisel,featuring Rachel Brosnahan, Tony Shalhoub and Michael Zegen; and Oasisstarring Maureen Sebastian and Haley Joel Osment.
These shows will be available on the Amazon Instant Video streaming service for free. After viewer feedback, Amazon Studios will decide on the pilots that will be produced into full series.
Our Take
Amazon has been firing on all cylinders to boost its digital media sales and increase the user base. In doing so, the company is focusing on all the genres like comedy, drama, docu-series and kids entertainment to make Prime Instant video service more attractive to viewers.
These pilots will expand Amazon's video streaming library, making it a significant force in the segment and increasing competition for Netflix Inc. (NFLX - Free Report) and Apple Inc. (AAPL - Free Report) . At the same time, it will help Amazon further penetrate in the growing streaming market at a faster rate.
Alibaba Group Holding Limited delivered a positive earnings surprise of 12.94%, on average, in the trailing four quarters.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017?
Who wouldn't? Last year's market-beating Top 10 portfolio produced 5 double-digit winners. For example, oil and natural gas giant Pioneer Natural Resources and First Republic Bank racked up stellar gains of +44.9% and +44.3% respectively. Now a brand-new list for 2017 has been hand-picked from 4,400 companies covered by the Zacks Rank. See the 2017 Top 10 right now>>
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Amazon Studios Ups Video Content with Five Pilot Releases
Amazon.com Inc.’s (AMZN - Free Report) film production division, Amazon Studios, announced its decision to launch five original TV series for this pilot season in the U.S., U.K., Germany, Austria, and Japan on Mar 17.
Amazon Instant Video is a digital video streaming and download service that lets users rent, buy or subscribe to a range of video offerings.
Coming to the price performance, over the past one year, shares of Amazon outperformed the Zacks categorized Electronic Commerce industry. While the industry gained 40.69%, the stock returned 50.83%.
Details
These pilots include comedies, The Legend of Master Legend, executive produced by Youree Henley, Joshuah Bearman and David Klawans along with executive producers Micah Fitzerman-Blue and Noah Harpster; Budding Prospects, executive produced by Terry Zwigoff and Vincent Landay; The New VIPS, which stars Ben Schwartz and Missi Pyle; The Marvelous Mrs. Maisel,featuring Rachel Brosnahan, Tony Shalhoub and Michael Zegen; and Oasisstarring Maureen Sebastian and Haley Joel Osment.
These shows will be available on the Amazon Instant Video streaming service for free. After viewer feedback, Amazon Studios will decide on the pilots that will be produced into full series.
Our Take
Amazon has been firing on all cylinders to boost its digital media sales and increase the user base. In doing so, the company is focusing on all the genres like comedy, drama, docu-series and kids entertainment to make Prime Instant video service more attractive to viewers.
These pilots will expand Amazon's video streaming library, making it a significant force in the segment and increasing competition for Netflix Inc. (NFLX - Free Report) and Apple Inc. (AAPL - Free Report) . At the same time, it will help Amazon further penetrate in the growing streaming market at a faster rate.
Amazon.com, Inc. Price and Consensus
Amazon.com, Inc. Price and Consensus | Amazon.com, Inc. Quote
Currently, Amazon sports a Zacks Rank #5 (Strong Sell). Another stock worth a look in the same sector is Alibaba Group Holding Limited (BABA - Free Report) with a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Alibaba Group Holding Limited delivered a positive earnings surprise of 12.94%, on average, in the trailing four quarters.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017?
Who wouldn't? Last year's market-beating Top 10 portfolio produced 5 double-digit winners. For example, oil and natural gas giant Pioneer Natural Resources and First Republic Bank racked up stellar gains of +44.9% and +44.3% respectively. Now a brand-new list for 2017 has been hand-picked from 4,400 companies covered by the Zacks Rank. See the 2017 Top 10 right now>>