Amazon takes on Netflix with stand-alone video streaming

Image
AP New York
Last Updated : Apr 18 2016 | 9:32 PM IST
Amazon is taking on Netflix and Hulu with a stand-alone video streaming service.
Customers can now pay USD 8.99 a month to watch Amazon's Prime video streaming service. Previously, the only way to watch Prime videos was to pay USD 99 a year for Prime membership, which includes free two-day shipping on items sold by the site. The video-only option won't come with any free shipping perks.
At USD 8.99 a month, Amazon's stand-alone streaming service is USD 1 less than Netflix, and USD 1 more than Hulu. Amazon is also offering a new pay-as-you-go option for its full Prime membership that costs USD 10.99 a month.
Amazon.Com Inc. Shares slipped 0.1 per cent before the stock market opened today. Netflix Inc. Shares fell 1.3 percent.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 18 2016 | 9:32 PM IST

Next Story