Amazon steps into Netflix space with stream plan

Amazon.com said Tuesday morning that it has launched a video-streaming media plan for subscribers to its Prime service - in direct competition with Netflix Inc. "Competition is good for consumers and the studios, bad for Netflix," said Michael Pachter of Wedbush Morgan, who carries a sell rating on Netflix shares. Amazon said it will allow subscribers to its Prime service the ability to stream unlimited, commercial-free movies and TV shows. The company said more than 5,000 titles are available through the service. Prime customers pay $79 a year for access to free, two-day shipping on most orders from the online retail giant. The video streaming service will be available free of additional charge to these subscribers, Amazon said.

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

WaterCop + Z-Wave Technology = Complete water control

WaterCop + Z-Wave Technology = Complete water control

The WaterCop family of products continues to grow! We now offer Z-wave technology that allows remote control of a home's main water supply via phone or internet. It's perfect for people who want peace of mind that they can shut off water in homes from nearly anywhere using Z-wave protocol. Z-wave joins systems WaterCop Pro, LeakStop, WaterCop Classic, Outdoor, and Large Valve (1 ½"-4") Integration. Visit www.watercop.com to learn more.