Amazon.com (Nasdaq: AMZN ) is now offering Prime, its premium shipping service that also bundles unlimited streaming, for $7.99 a month. A reader at the news site Hacking Netflix first reported the find yesterday:
With the change, what had been a $79-per-year membership is now being sold at the same price Netflix (Nasdaq: NFLX ) charges for its streaming service here in the U.S. Hulu Plus, the premium streaming service cooperatively operated by Comcast (Nasdaq: CMCSA ) , News Corp. (Nasdaq: NWS ) , and Walt Disney (NYSE: DIS ) , also charges $7.99 monthly .
Paying $7.99 a month for a year would cost $95.88. TechCrunch reports that it appears those who pay $79 annually for Prime now, or new members who wish to sign up for a year's subscription and save $16.88, may continue to do so.