At 7:50am this morning we are learning about a new service that Amazon will be unveiling.  The main competitor is NetFlix in the movie rental service.

What could Amazon have planned? A service that offers current movies? Perhaps a slicker interface or box?

As a Netflix subscriber we are paying $8/mo to watch as many movies as we want on our Wii. Will Amazon have a product that competes effectively with this?

One thing about NetFlix on the Wii, or just the NetFlix interface is that it doesn’t let you sort either by release date or by ratings.

What we know so far about the Amazon service. If you are a Amazon Prime member at $79 per year you will be able to watch over 5,000 unlimited commercial free instant streaming movies and tv shows at NO additional cost.

How do these movies compare against those on NetFlix?  Which service will have the first release on new movies?

The announcement will be made by Jeff Bezos Amazon CEO.

Check out the Amazon Instant Movie Streaming Here

– For $79 per year this is a pretty good deal. Amazon is figuring out how to raise the revenue per customer/member and this is genius if they can offer comparable service to NetFlix.

Amazon Video on Demand: Unlimited Streaming of 5000+ Movies & TV Shows with Amazon Prime Membership $79/year
Amazon offers unlimited, commercial-free, instant streaming of 5,000 movies and TV shows for Free when you sign up for Amazon Prime membership for $79/year. Thanks queenpon
Note, if you are currently an Amazon Prime member (paying $79/year), you will receive these services at no additional cost