Amazon launches monthly video streaming service to rival Netflix

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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 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. Read more…

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