Furthermore, Amazon will also be offering its Prime membership as a monthly subscription for USA customers at $10.99, instead of the annual $99 fee that you pay to get Prime shipping service, Kindle Lending Library, and Amazon Music, among other things.
Advertisement
Like Amazon killed major book retailers, Netflix did the same to Blockbuster and other video rental places.
Amazon unveiled its new service plan one day before the release of Netflix’s first-quarter earnings report.
It’s quite possible that Amazon might separate its video and shipping services as two different subscriptions in the future, according to TechCrunch.
Amazon and Netflix have been rivals for years and have worked to be the better by offering awesome content and original series like Amazon’s Mozart in the Jungle and Netflix’s House of Cards.
Amazon is now offering its annual Prime subscription on a monthly basis, and is now offering its Prime Video perk as a standalone service.
The $8.99 subscription to Prime Video will allow customers to only stream movies and TV shows.
One year later, it unveiled Prime Instant Video, another bonus that came with Prime membership. Price: $8.99 a month for stand-alone streaming. Video was previously only available as part of its $99-a-year free-shipping service, Amazon Prime. Hulu charges $11.99 per month for its “no commercials” streaming TV service, and $7.99 for a plan featuring limited commercials. That’s why, despite having to pay a little bit more, companies offer a monthly subscription to make it easier for users to pay in small increments and feel like they are free to walk away anytime they want. I watch a ton of movies and TV shows via Amazon Video, including the excellent Amazon original series “Transparent”.
Amazon’s decision to break off its video streaming service could cause some defections at Netflix, Wedbush analyst Michael Pachter wrote in a note to clients.
Advertisement
Amazon began experimenting with a monthly payment option for Amazon Prime members through a partnership with Sprint Corp. last month.
