ABC Strikes Streaming Deals With Rivals

NEW YORK ( TheStreet) -- Walt Disney's ( FIS) ABC struck two deals with rival streaming video providers.

The network renewed its deal with Netflix ( NFLX) and entered into a new partnership with Amazon ( AMZN).

Netflix will receive new seasons of current ABC series, including Grey's Anatomy and Desperate Housewives, 30 days after they air.

Amazon Prime members will now we able to stream prior seasons of Lost, Grey's Anatomy and other series. The e-commerce giant now expects to have 13,000 streaming titles in its library by the end of the year.

Both Amazon and Netflix have been aggressively seeking new content, specifically television series. Both companies also reached deals with The CW network earlier in the month.

- Reported by Jeanine Poggi in New York.

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