The following is an excerpt from Rick Aristotle Munarriz, The Motley Fool | January 26, 2012 | DailyFinance.com |
Amazon.com (AMZN) may be gearing up to start charging for its unlimited video streaming service.
If what industry sources are telling the New York Post holds up, the leading online retailer would go from giving away streams of select movie and TV show titles to its millions of Amazon Prime subscribers to selling the unlimited service as a stand-alone offering.
If this all sounds somewhat familiar, just rewind a few months to a summer that Netflix (NFLX) would prefer to forget.
Tollbooths are Painful
Since the inception of its streaming service in 2007, Netflix included access to its growing library of streaming titles for subscribers of its unlimited DVD plans.
Pressured by studios that believed their output was being devalued as a service freebie, Netflix decided to charge for its streaming platform. It began offering streaming as its own disc-less service in both Canada and the United States for $7.99 a month.
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