Amazon Launches a Netflix-like Streaming Service

Posted on February 22, 2011

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Amazon Prime is a membership offered by Amazon.com that gets you unlimited free shipping and also one-day shipping for as low as $3.99.   Earlier today Amazon announced that members of Amazon Prime will have instant unlimited access to video streaming of over 5,000 movies and TV shows.  At $79 a year Amazon is about $20 cheaper than Netflix however, it doesn’t offer near as many choices.  Netflix has already had some challengers (Apple, Hulu & Google) and it seems that more competitors will begin to offer similar services.  One such company is RedBox who has recently announced it is looking for a partnership to help deliver its own instant video streaming service.

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Posted in: Business