Amazon (AMZN) douses the hopes of those wanting it to offer a standalone streaming video service...

|By:, SA News Editor

Amazon (AMZN) douses the hopes of those wanting it to offer a standalone streaming video service to compete with Netflix (NFLX), stating Prime Video will only be available to those who pay $79 for an annual Prime membership "at least into the near future." On an annual basis, that still makes Prime Video cheaper than Netflix's $96/year, though the lack of a monthly payment option could deter some buyers.