Amazon and Best Buy Announce Exclusive Multi-Year Partnership to Offer New Fire TV Edition Smart TVs

Amazon and Best Buy Announce Exclusive Multi-Year Partnership to Offer New Fire TV Edition Smart TVs

Amazon partners with Best Buy because of its industry-leading role in bringing the latest technology to millions of customers

Best Buy chooses Amazon Fire TV Edition for its innovative user experience combined with the intelligence of Alexa

SEATTLE & MINNEAPOLIS--(BUSINESS WIRE)--Apr. 18, 2018-- Amazon (NASDAQ: AMZN) and Best Buy (NYSE: BBY) today announced a collaboration to bring the next generation of Fire TV Edition smart TVs to customers in the United States and Canada. As a first step in the partnership, Best Buy will launch more than ten 4K and HD Fire TV Edition models from Insignia and Toshiba, beginning this summer.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180418005572/en/

Amazon founder and CEO Jeff Bezos and Best Buy chairman and CEO Hubert Joly announce new Fire TV Edition smart TVs in Bellevue, WA. (Photo: Business Wire)

Amazon and Best Buy have a long history of working together, and today we take our partnership to a new level, said Jeff Bezos, Amazon founder and CEO. These Fire Edition smart TVs by Insignia and Toshiba deliver beautiful visuals and all the movies and TV shows you love, with an experience that gets better every day with Alexa. We could not have a better partner in this endeavor.

Our goal is to enrich the lives of our customers by offering them the very best products and services, whether they come to us online, visit our stores, or invite us into their home, said Hubert Joly, Best Buy chairman and CEO. Our partnership with Amazon is exciting because we believe Fire TV Edition delivers an incredible user experience and further strengthens the growing connection between home theater, home automation and voice control.

The newly designed smart TVs come with the Fire TV experience built-in, uniquely bringing together live over-the-air TV and all your streaming content into one easy-to-view location. Connect any HD antenna and instantly use Alexa to search for and watch broadcast TV, or choose from a vast catalog of streaming TV episodes and movies from Netflix, Prime Video, HBO, PlayStation Vue, Hulu, and many more. Fire TV Edition includes a Voice Remote with Alexa, making it easy to launch apps, search for TV shows, play music, switch inputs, control smart home devices, and more. It can also be paired with any Echo device allowing you to easily use your voice to control your TV experience hands-free with Alexa.

Fire TV Edition continues to improve even after your purchase, with more new Alexa skills, software features, and applications added regularly. Tens of thousands of Alexa skills are already accessible today, allowing you to have amazing entertainment experiences, view and control your smart home connected cameras, lighting, security systems, and more.

The partnership with Amazon is an example of Best Buy's unique role in working with the worlds foremost technology companies, helping to commercialize their innovations and bring them to life for the consumer. The company accomplishes this through customer-focused curation of the technology it sells online and in-store; in-store demonstrations offering hands-on experiences for customers; needs-based selling expertise designed to solve problems and address lifestyle needs; and, services that support customers in installing, setting up and operating their technology. Best Buy has played this role in a number of areas, including, most recently, 4K televisions, premium computing and the smart home.

Availability

Customers in the United States will have the ability to purchase the first Fire TV Edition smart TV from Toshiba beginning this summer, with additional models to be released in 2018. Fire TV Edition smart TVs will be available exclusively in Best Buy stores, on BestBuy.com, and for the first time, from Best Buy as a third-party seller on Amazon.com. The new Fire TV Edition smart TVs will be available for purchase in Canada later this year. Customers can learn more at www.bestbuy.com/FireTVEdition or www.amazon.com/FireTVEdition.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit www.amazon.com/about and follow @AmazonNews.

About Best Buy

We at Best Buy work hard every day to enrich the lives of consumers through technology, whether they come to us online, visit our stores or invite us into their home. We do this by solving technology problems and addressing key human needs across a range of areas, including entertainment, productivity, communication, food, security and health. Please visit us at bestbuy.com and follow @BestBuy.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180418005572/en/

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