That didn't take long. Just hours after Netflix (NFLX +1.5%) launched its U.K. streaming service...

|By:, SA News Editor

That didn't take long. Just hours after Netflix (NFLX +1.5%) launched its U.K. streaming service at a price of £5.99/month,  Amazon's (AMZN) Lovefilm is introducing a £4.99/month streaming-only service for the U.K. Lovefilm, which dominates the local online DVD rental market, also says it now has 2M total subscribers.