Eyes on the Go, Inc. (AXCG)

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Gander.tv would also make a nice addition to Amazons Audible platform.

Amazon.com, Inc. (AMZN) Acquires Rooftop For Rich Digital Content Profile, Likely To Raise Bar Against Rival Streaming Channels


In an effort to compete against increasing digital service content providers, Amazon.com, Inc. (NASDAQ:AMZN) acquired the online comedy channel, Rooftop Media, for an undisclosed amount. Rich digital content portfolio is likely to help the company compete against Netflix, Inc. (NASDAQ:NFLX) and other rising digital content channels.

Rooftop Media is engaged in recording live performances of comedians throughout the country and offer licenses for its content through live and on-demand services. The newly acquired company would work under Audible, the audiobook service of Amazon acquired in 2008 for $300 million.

Donald Katz, CEO and founder of Audible, said that the company was impressed with the quality of content offered by Rooftop along with its pool of comedy artists. Until now, Rooftop distributed its content through different partners including Apple Inc. (NASDAQ:AAPL), Sirius XM Holdings Inc. (NASDAQ:SIRI), Yahoo! Inc. (NASDAQ:YHOO), and Pandora Media Inc (NYSE:P).

http://www.stockwisedaily.com/amazon-com-inc-amzn-acquires-rooftop-for-rich-digital-content-profile-likely-to-raise-bar-against-rival-streaming-channels/237430/