Mfarhanonline Social Media News: Amazon and Viacom might sign a video deal as soon as this week, bringing Amazon one step closer to launching a standalone video streaming service, Reuters reports. Amazon’s Prime Instant Video is currently a part of Amazon Prime program, which provides members with unlimited two-day shipping and other benefits for $79 per year. In September, Amazon inked a video deal with Fox ; previously, the company signed deals with CBS, NBC, Sony, Warner Bros. and others. The addition of Viacom to that list is another sign that Prime Instant Video might soon become a full-fledged competitor to Netflix and other streaming video companies. Google and Verizon are also expected to launch an online video streaming service in 2012, which should make for a very interesting year. The competition for the streaming video crown is also heating up in the UK, where Netflix recently launched its service to compete with Amazon’s LoveFilm. via Reuters More About: amazon , Amazon Instant Prime Videos , viacom For more Entertainment coverage: Follow Mfarhanonline Entertainment on Twitter Become a Fan on Facebook Subscribe to the Entertainment channel Download our free apps for Android , Mac , iPhone and iPad Social Media reviews series maintain by Mayya
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