Netflix is generally seen as a pretty great service and value by those who are members (yours truly included), but Amazon is increasingly encroaching on the streaming video company’s territory in the US and abroad.
Amazon-owned LOVEFiLM — the so-called “Netflix of Europe” — just signed a deal with Twentieth Century Fox, a “major multi-year content deal giving LOVEFiLM members streaming access to recent and forthcoming movies and TV series.” The deal starts with movies that were released in the theaters in the UK in 2011, which will be available to LOVEFiLM members as early as March 2013. [Via press release]
In addition, Amazon Studios just selected and greenlit its first four original TV series. Two are animated comedies, one is a mockumentary, and one is a children’s show. You can find more about the shows in this blog post from Amazon. Many industry pundits have talked about how original content is the wave of the future for Netflix, Hulu, Amazon, and other streaming video portals, and that the service that eventually comes out on top may be the one with the best or most original content.