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Online-retail giant Amazon began offering monthly subscriptions for its web-streaming service

On Sunday night the online retailer is turning on a monthly subscription option for its bundle of Prime services, like free shipping, a music library, and a growing collection of original TV shows and movies.


Until now, Prime has only been available as a $99 annual subscription.

What's more, Amazon is now offering a separate monthly subscription just for its TV and movie collection — the part it calls Prime Video.

Amazon has never made Prime Video available as its own product before. It's always been a part of the bundle. So it seems like Amazon is positioning Prime Video as a head-on competitor to Netflix and Hulu.


Read more at CNN Money

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