Amazon Challenges Netflix and Hulu With Free Streaming for Prime Members

"Anticipated for more than a month, Amazon today announced that it is offering free streaming of movies and television shows to any of its Prime members, those who pay $79 per year to receive expedited shipping. More than 5,000 movies and TV shows are available to Amazon Prime members to stream on Mac and Windows PCs as well as almost 200 connected TVs, Blu-ray players, and set-top boxes."

Hulu Plus Set to Hit 1 Million Subscribers

"Hulu Plus, the video subscription plan that charges $8 a month to watch a range of TV shows online, will have 1 million paying customers this year and post annual revenue of more than $200 million, according to Hulu's chief executive Jason Kilar."

Hulu Launches $10 Video Subscription Service

"Online video site Hulu has launched a $9.99-per-month paid section, under pressure from its media company parents to generate a profit."