Last year, Costco announced the end of its longtime exclusive relationship with American Express. The end of the deal wasn’t as great for AmEx, since the captive audience was good for its business, and shareholders were unhappy. As the official breakup date approaches in June, AmEx is looking for a new bulk-selling credit card buddy, and has perhaps found one in Boxed. [More]
on the rebound
Viacom Goes Running Into Amazon’s Streaming Arms After Split With Netflix
By 6.4.13
Now that Viacom and Netflix are over, done with, broken up, splitskies, never ever getting back together, don’t think the cable programming giant is crying into its pillow every night, soaking it with the desperate tears of the unloved. No, it’s moving on — straight into the loving arms of Amazon’s streaming video service with a new, multiyear licensing deal. [More]
