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Amazon Studios Ups Video Content with Six TV Pilot Releases

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Amazon.com Inc. 's AMZN film production division, Amazon Studios, announced six TV show pilots to be released later this year on Amazon Instant Video, in the U.S., the U.K., Germany and Austria.

Amazon Instant Video is a digital video streaming and download service that lets users rent, buy or subscribe to a range of video offerings.

These pilots include comedies, Highston, written by Bob Nelson and directed by Jonathan Dayton and Valerie Faris, and One Mississippi written and executive produced by Notaro and Diablo Cody; drama, Edge developed by Shane Black and Fred Dekker, and Girls Revolt written and created by Dana Calvo and directed by Liza Johnson; and docu-series, Patriot written and directed by Steven Conrad, and Z a bio-series written by Dawn Prestwich and Nicole Yorkin and directed by Tim Blake Nelson.

These pilots will be available on the Amazon Instant Video streaming service for free. Amazon Studios will take a calll on which pilots to be produced into full series depending on viewer feedback.

Amazon has been firing on all cylinders to boost its digital media sales and increase the user base. In this regard, the company is focusing on all the genres like comedy, drama, docu-series and kids' offerings 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 and Apple Inc. AAPL . At the same time, it will help Amazon to penetrate further in the growing streaming market at a much faster rate.

Amazon is one of the major players in an extremely fast-growing market. In the second quarter of 2015, the company's revenues of $1.82 billion jumped 16.5% sequentially and a massive 81.5% year over year. Both product and service sales grew in double digits from the year-ago quarter, and contributed 79% and 21%, respectively, to total revenue.

Currently, Amazon sports a Zacks Rank #1 (Strong Buy). Another stock worth a look in the same sector is Stamps.com Inc. STMP with a Zacks Rank #1.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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