Sunday, January 5, 2014

Netflix Tests Discount Pricing

<Best Dealsp> Posted 01/03/2014 07:00 PM ET

7 The streaming video giant is testing a $6.99-a-month plan for viewing content on 1 screen at a time, likely to compete with Amazon's ( AMZN) $6.67-a-month Prime membership, which offers video and shipping services. Netflix's ( NFLX) test rate is $1 less than its current $7.99 basic price, which lets users stream to 2 screens at once. Netflix fell 1.2%. Amazon dipped 0.4%.

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