More Goodies for Kindle Fire Users
Reigning in as Amazon’s top-selling product in the U.S. for 11 straight weeks,  the Kindle Fire is undoubtedly expected to be the company’s biggest bet this year to improve revenues.
The agreement with Viacom expands Amazon’s e-content arsenal with the addition of TV shows from popular channels like MTV, Comedy Central and Nickelodeon. In addition to significantly diversifying the content offerings, this deal brings the total number of videos in Prime Instant to 15,000. It seems like Amazon wants to be well-prepared for another possible bumper pre-order season for the next version of the Kindle Fire.
We have a revised price estimate of $205 for Amazon’s stock, which is roughly 10% above the current market price.
Amazon May Produce its Own e-Content Soon
Following the footsteps of Netflix (NASDAQ:NFLX) and Google’s (NASDAQ:GOOG) YouTube, Amazon (NASDAQ:AMZN) seems to focusing on producing original e-content for its various digital platforms such as the Kindle Fire. The company recently posted a job opening for the requirement of a creative executive,  which suggests that it may finally be shifting away from licensing agreements.