Netflix Tests Lower-Price Streaming Video Offer

By | December 31, 2013

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Netflix (NFLX) is responding to Amazon.com’s (AMZN) competing streaming video service by offering a new, lower-priced plan. Netflix is testing a discount plan for new subscribers priced more closely to the subscription service offered by Amazon, the world’s leading online retailer, according to an analyst report released Tuesday. In his report, Sterne, Agee & Leach analyst Arvind Bhatia says Netflix is testing a plan for new subscribers in which Scalper1 News

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