Streaming Service value for money

Streaming services were started as the add-on to the various cable networks is now changing the entire TV Industry and the entertainment scenario. With the rapid changing in the technology and the increasing speed of the Internet and launching of the new smartphones with the upgraded technologies streaming services are about to change the face of the media and music industry. The latest development and the changes in the technology of the television have let the streaming industry to expand its horizon wide away. Today, the market share of the streaming industry is rapidly increasing which is directly creating a threat to the traditional cable networks.

All the film producers and directors are launching their films in the OTT platforms. Along with the producers and directors, many production houses, media houses, and the television channels are launching themselves in this rapidly expanding platform.

1.Amazon Prime Video: -

It is a subscription-based service provided by the Amazon. It was launched in 2005. It generally accepts year wise and monthly subscriptions. It provides many benefits to the prime members.

·       It provides free fastest shipping to the specified eligible online purchases.

·       It also provides free delivery on the selected zip codes on the ordered date itself.

·       It provides unlimited ad-free music streaming with unlimited songs.

·       It also provides unlimited movies, and TV streaming and web series with prime shows. Prime allows users to download the content and watch offline.

·       All the prime members receive certain cashback on the purchase of the items.

·       Prime members can read the e-book free from the 'Amazon first reads' in the U.S

·       Prime members can read books, catalogue, and read from the prime reading catalogue.

·       It also provides free unlimited photo storage of 5GB capacity for all prime members.

·       It provides a 30-day free trial.

·       It is compatible with the Android and Apple devices and smartphones, Windows, Google Chrome, Amazon Fire TV Stick, and Smart TV.

·       It costs $119 yearly(999INR for India) and $12.99(129INR for India) monthly. It also provides membership to the students with $59 per year.

2.Netflix: -

It is a subscription- based service. It was launched in 1997 in California. It accepts monthly based subscriptions.

·       It provides a free trial of 30 days.

·       It is compatible with Android and Apple smartphones, Windows, and Smart TV.

·       It provides a wide interface and Ultra HD quality on smartphones and Tablets.

·       It provides 4 different plans as per no of screens and HD quality i.e. Mobile, Basic, Standard, Premium.

·       It provides unlimited streaming of TV shows, movies, and comedy specials. It also provides widely content of newly released web-series.

·       Basic plan (per month) starts from $8(INR199), Basic (HD) plan is $10(INR499), and premium and ultra HD for $12(INR799).

·       Premium plan is useful for the family since you can watch 4 screens at a time in the service.

·       It provides blue-rays and DVD for the citizens of the U.S with the cost of $7.99 per month.

·       It is ad-free.

·       It allows users to download content and watch it offline.

 

Netflix and Amazon are the two sides of the one coin. Both have their targeted audience. Yet, both have many areas of improvement.

·       Netflix requires the highest internet speed then amazon. Netflix requires 10MPBS speed for HD while amazon needs 3MBPS. For general plan, Netflix needs 3MBPS and amazon needs 1MBPS. Yet, screen sharing is 4 in the premium plan of Netflix while it is 3 for the amazon prime video.

·       Netflix is costly compared to Amazon.

·       Amazon prime provides other wide benefits like free shipping, free music and songs, free e-books, and unlimited photo storage while Netflix is giving only access to the cinema.

·       Netflix provides Blue-rays and DVD of newly released movies for the citizens of the USA while this facility is not available for Amazon Prime.

·       There is a student plan for Amazon prime while it is not included in Netflix.

·       There is no yearly subscription plan for Netflix. You must pay monthly for the service on Netflix while on Amazon prime, you are provided with the monthly subscription plan, student plan as well as yearly plan.

·       Netflix provides a wide range of content but their subscription cost is too higher.

Today, subscribers of the Netflix is about 158 billion in the world while the Amazon prime is near about 75 billion. Yet, speaking in the terms of the internet speed, internet cost, and other additional benefits like free shipping cost, fastest shipping, unlimited streaming of movies, TV shows and the web-series, unlimited ad-free music, free e-book distribution, free photo storage to the customers, Amazon prime video is the best pick. It not only provides the streaming services, but it also gives other additional benefits which gives the end-user the ultimate satisfaction.