Amazon/Epix Multi-Year Deal Saps Netflix Stock; New Tablet on the Way

Contract includes 'The Avengers,' 'The Hunger Games'

E-tailer Amazon has inked a new multi-year pact with Viacom's fledgling pay-cable network Epix to distribute the cabler's library on Amazon's Prime Instant Video service.

The deal is a big one for Amazon. Epix's partner studios include MGM, Paramount and Lionsgate, and the movies included are recent summer blockbusters such as Marvel Comics' The Avengers, Thor and Iron Man 2, The Hunger Games, True Grit and Transformers: Dark of the Moon.

It's a good deal for Amazon and a bad sign for Netflix, which lost many of its content deals last year as its initial round of contracts expired.

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