Amazon Prime Instant Video gets Fargo, Annie Hall and History Channel’s Vikings in MGM deal

Amazon (s AMZN) and MGM announced a deal Tuesday to make more MGM movies, as well as the History Channel hit Vikings, available for streaming on Prime Instant Video. Previously, Vikings had been available exclusively through Amazon’s European streaming service Lovefilm. It’s not available for streaming on Netflix (s NFLX). Movies included in the deal: FargoPlatoon and Hoosiers (can also all be streamed on Netflix); Annie Hall and Hotel Rwanda (not available for streaming on Netflix).

Amazon adds depth to Prime with MGM deal

The deal adds movies and TV shows from one of Hollywood’s most essential content libraries, including Moonstruck, Silence of the Lambs, Rain Man and Thirtysomething. Amazon has now licensed 18,000 movies and TV episodes for its subscription streaming service.

Has Netflix overextended itself?

Netflix announced a $400 million sale of stock and convertible bonds on Monday, but a closer look at its balance sheet doesn’t bode well for the streaming video provider. It’s committed billions to content license deals but has just $366 million in cash and short-term investments.

Movieclips raises another $6 million

Movieclips.com confirmed that it has raised an additional $6 million in venture funding. While its founders declined to discuss what the funding is for or who was part of the most recent investment, they said a big announcement was in the works.

Vid-Biz: Lionsgate-Best Buy, ABC On Demand, LoveFilm-MGM

Today on the Net: Lionsgate releases a slew of DVDs exclusively at Best Buy weeks before they’re available for sale anywhere else, Disney launches ABC On Demand services in Europe and LoveFilm has added hundreds of classic movies from the MGM library to its service.

Movieclips Goes Global, Opens Up API

Movieclips.com, the online video site for distributing short-form clips of Hollywood movies, has expanded the availability of its library, opening up the site for viewing worldwide. The company has also released an API for others to develop applications that take advantage of its video selections.
That’s good news for movie fans worldwide, as Movieclips has a 12,000-plus library of film clips licensed from six major Hollywood studios: 20th Century Fox, MGM, Paramount, Sony Pictures Entertainment, Universal Pictures and Warner Bros. The site itself is easy to navigate and the video player provides pretty high-quality video streaming of the clips, rivaling sites like Hulu for actual user experience. Movieclips also makes it easy for user to share clips, with embed codes and social sharing links to sites like Twitter and Facebook built into each clip’s page.
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