Amazon may be aiming at Netflix with new streaming service
Amazon may be looking to cut into Netflix's action by launching a new video streaming service.
Citing information from industry sources, The New York Post said the new service would expand beyond Amazon's current Instant Video by launching as a standalone, subscription-based business.
Amazon's Instant Video is free with a $79 Amazon Prime subscription, though nonsubscribers can buy or rent individual movies and TV episodes on a per-title basis. In contrast, the new service would borrow a page from Netflix's business model. Amazon is just currently trying to figure out what to charge, one source told … Read more