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Take Two

Amazon challenges Netflix with monthly Prime subscription

Amazon's profits roughly tripled what analysts had been expecting. Demand for its retail business soared, and its myriad investments in other areas, from cloud computing to streaming media services and its Alexa smart speaker system also paid off.
The Amazon logo is seen on a podium during a press conference in New York, September 28, 2011.
(
Emmanuel Dunand/AFP/Getty Images
)

Take Two translates the day’s headlines for Southern California, making sense of the news and cultural events that affect our lives. Produced by Southern California Public Radio and broadcast from October 2012 – June 2021. Hosted by A Martinez.

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Amazon challenges Netflix with monthly Prime subscription

Want to watch Transparent, Bosch and Catastrophe, but don't want to pay the annual Amazon Prime membership fee?

Well, now you can. Today the online retailer launched a new monthly-subscription option for its streaming video content.

It's a new pricing model designed to step up competition with streaming leaders Netflix and Hulu.

Joining Take Two to discuss: