Streaming video is big entertainment business today, and Amazon Prime has gone for the brass ring with the addition of unlimited movie and TV internet streaming as part of the $ 79 annual program for two-day merchandise delivery. Amazon Prime users can enjoy the internet streaming video service on their computer or Internet-ready television. And at almost $ 20 per year less than Netflix or Hulu Plus, Amazon Prime could become a popular choice very quickly. Source of article – Amazon Prime takes on Netflix with streaming video subscription by MoneyBlogNewz.
Amazon Prime getting in your struggle with Netflix and Hulu
CNET spoke with Frost & Sullivan's Dana Rayburn who said that Amazon Prime isn't a surprise since the streaming video venture has 65 million individuals in the audience. There is a free shipping service that is already very popular. Adding to it is something Amazon Prime Vice President Robbie Schwietzer said makes sense.
“Millions of Amazon Prime members already enjoy the convenience of free two-day shipping,” said Schwietzer. “Adding unlimited instant access to thousands of movies and TV shows at no additional cost is a great way to give members even more value.”
With the online streaming movie market already taken over by Netflix, Hulu Plus and Apple TV, Amazon Prime can have a lot of competition. When it comes to purchasing things such as books, movies, and music not to mention the membership to Netflix and Hulu plus it has, Amazon.com is already well known. Hulu Plus demands that viewers watch advertisements during the videos, reports New York Magazine. Amazon Prime will not have this requirement. As Amazon.com already has a long-standing relationship with Hollywood studios for distribution of DVDs, rights to streaming video can be easy to attain.
More people considering Netflix
At the start, Netflix is already beating Amazon Prime with its movie selection. This is because Netflix already has available for internet streaming, 20,000 movies and television shows. Popular movies like "The Girl with the Dragon Tattoo" and "Syriana," also as science fiction shows like "Doctor Who" and "Farscape" are on tap for Amazon Prime, but experts predict that the service must grow quickly in order to compete. The problem that Netflix had with broadband provider giants like Comcast will probably be there for Amazon also.
Citations
CNET
news.cnet.com/8301-31001_3-20034714-261.html
New York Magazine
nymag.com/daily/intel/2011/02/phase_one_of_amazons_plan_to_d.html
Amazon Prime: A ‘massive shot’ at Netflix
youtube.com/watch?v=olG4zGDWPQg
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