Amazon.com (NASDAQ:AMZN) recently rolled out a new pricing choice for its popular Prime service. Instead of paying $80 per year, subscribers can pay $8 per month if they prefer. That actually ends up costing more over the course of a year at $96 annually, but some subscribers may prefer to have that cost spread out. That $8 per month is also the same price as both Netflix (NASDAQ:NFLX) and Hulu Plus, two important competitors to Amazon Instant Video. Amazon's video service may lag, but the e-tailer is making up for it with its shipping and Kindle library services that also get bundled in.
Evan Niu, CFA
Evan is a senior technology specialist at The Motley Fool. He was previously a senior trading specialist at Charles Schwab, and worked briefly at Tesla. Evan graduated from the University of Texas at Austin, and is a CFA charterholder.
- Nov 7, 2012 at 7:02PM
- Technology and Telecom