Amazon steps into Netflix space with stream plan
Amazon.com said Tuesday morning that it has launched a video-streaming media plan for subscribers to its Prime service in direct competition with Netflix Inc. Competition is good for consumers and the studios, bad for Netflix, said Michael Pachter of Wedbush Morgan, who carries a sell rating on Netflix shares. Amazon said it will allow subscribers to its Prime service the ability to stream unlimited, commercial-free movies and TV shows. The company said more than 5,000 titles are available through the service. Prime customers pay $79 a year for access to free, two-day shipping on most orders from the online retail giant. The video streaming service will be available free of additional charge to these subscribers, Amazon said.
For links and more stories visit the new Streaming Media section at HomeToys.com

Amazon.com said Tuesday morning that it has launched a video-streaming media plan for subscribers to its Prime service in direct competition with Netflix Inc. Competition is good for consumers and the studios, bad for Netflix, said Michael Pachter of Wedbush Morgan, who carries a sell rating on Netflix shares. Amazon said it will allow subscribers to its Prime service the ability to stream unlimited, commercial-free movies and TV shows. The company said more than 5,000 titles are available through the service. Prime customers pay $79 a year for access to free, two-day shipping on most orders from the online retail giant. The video streaming service will be available free of additional charge to these subscribers, Amazon said.
For links and more stories visit the new Streaming Media section at HomeToys.com










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(LOL--beat me to it)












