Netflix CEO Slams Amazon Prime Video

I'm not sure why Reed Hastings is so confused. To some people, $79 a year for free two day shipping + free movies is a pretty damn good deal. Especially when you consider "streaming-only" Netflix is $96 a year all by itself.

In the U.S., our content budget is about three times [Amazon's], and we've got about three times more content. And what our customers tell us is they want Netflix to have more content, not to have two-thirds less at a lower price. That's not that interesting a proposition for them. [Amazon has its Prime membership service] and it's really about low-cost shipping, but why is video in there? It's kind of a confusing mess.

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