Amazon vs. Netflix

On February 22nd 2011, Amazon announced that it will be providing Amazon Prime Members instant streaming of more than 5,000 movies and TV shows. The press release that the company put said that Amazon Prime members paying $79 will have no additional cost.

These movies and TV shows can be watched on either the PC or Macs and about 200 other devices that connect to the Internet. Hulu, Netflix, Apple and Google are just some of the many companies competing in the online movie distribution market. Robbie Schwietzer, the vice president of Amazon Prime said “Millions of Amazon Prime members already enjoy the convenience of free Two-Day Shipping,” … Adding unlimited instant access to thousands of movies and TV shows at no additional cost is a great way to give members even more value.”

Amazon Prime is a membership program that offers customers unlimited free Two-Day Shipping with no minimum purchase requirement for only $79 a year. Millions of items are eligible, including books, home and garden products, electronics, video games, clothing, accessories and beauty products. With the introduction of Prime instant videos, free trial and paid Amazon Prime members in the U.S. now also have unlimited instant access to more than 5,000 videos.

Customers who receive Prime shipping benefits through our Amazon Student and Amazon Mom programs can upgrade to receive paid Prime benefits for just $79 a year.

So can Amazon take on Netflix and other companies? It is nevertheless great competition that I welcome. You can read the press release at Amazon Adds Instant Videos to Amazon Prime
I never used the Amazon Prime but I have used Netflix which does pretty good I have issues with DVDs and sometimes the streaming would cut out. But that could be on my side. I am glad to see Amazon take on the other companies, what do you think? Have you used the Prime membership with Amazon? Do you think it is worth the cost of $79 a year?