Netflix just got a brand new and extremely powerful competitor: Amazon.<\/p>\n
On Sunday, the company launched a new, stand-alone service called Prime Video that will allow users to sign up for a monthly video streaming service for just $8.99.<\/p>\n
That price is one dollar more than Netflix’s lowest plan ($7.99) which lacks HD video, but a full dollar less than Netflix’s popular Standard plan (HD included), which goes for $9.99. The service will include the ability to download shows for offline viewing according to the Wall Street Journal<\/em>.<\/p>\n Like Netflix, Amazon has been aggressively developing its own original properties, includingTransparent<\/em> and Man in the High Castle<\/em>, but it still hasn’t managed to garner the stunning success of Netflix hits like House of Cards, Orange is the New Black<\/em> and Daredevil<\/em>.<\/p>\n Nevertheless, this latest move from the Seattle-based company indicates that Amazon is willing to be just as patient as Netflix was in developing what is becoming a real alternative to traditional network and cable television.<\/p>\n Another major shift for the online retailer now doubling as video streaming service is its decision to offer Amazon Prime as a monthly rather than yearly subscription feature. Now all users will be able to pay $10.99 per month for Amazon Prime with the option to turn it off and stop paying at any time.<\/p>\n Rolling the service out just before Netflix’s Monday first-quarter earnings report is almost certainly strategic on Amazon’s part. Now we get to see if Netflix has any quick and innovative responses to the new competition.<\/p>\n –<\/p>\n Source: Mashable<\/p>\n","protected":false},"excerpt":{"rendered":" Netflix just got a brand new and extremely powerful competitor: Amazon. On Sunday, the company launched a new, stand-alone service called Prime Video that will allow users to sign up for a monthly video streaming service for just $8.99. That price is one dollar more than Netflix’s lowest plan ($7.99) which lacks HD video, but […]<\/p>\n","protected":false},"author":14,"featured_media":207516,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[106],"tags":[],"class_list":["post-207514","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/207514","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=207514"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/207514\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/media\/207516"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=207514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=207514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=207514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}