Amazon is now directly competing with Netflix and Hulu: the company today offers Prime Video, an $8.99/mo service that streams movies and TV shows.
Previously, it only offered Amazon Prime as a bundle for $99/yr ($8.25/mo), which included movies, TV shows, and music -- a better deal overall, but with a higher upfront cost. The bundle will also be offered at a $10.99/mo rate, while the $99 option will remain.
Netflix and Hulu are priced at $9.99/mo and $7.99/mo, respectively.
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