Amazon Prime price increase takes pressure off Netflix

By | March 13, 2014

Scalper1 News

With its upcoming price increase, Amazon (AMZN) Prime Instant Video will be more expensive than Netflix’s (NFLX) market-leading service, taking pressure off Netflix to offer a lower-priced service. Amazon Prime will work out to $8.25 a month compared with Netflix’s standard streaming video plan of $7.99 a month. But Amazon bundles other services with Prime, including free two-day shipping on many items, e-book borrowing access, and a rumored music streaming service. To help justify the price increase, from $79 to $99 a year, Amazon (AMZN)  is bucking up the content offerings on its streaming video service, including many exclusives. Just this year, Amazon signed deals with entertainment companies to be the exclusive streaming provider for cult TV drama “Veronica Mars,” critically acclaimed drama “Orphan Black,” MTV series “Teen Wolf,” FX period drama “The Americans,” and the upcoming CBS mystery thriller “Extant” starring Halle Berry. Variety reported Tuesday that Amazon has decided… Scalper1 News

Scalper1 News