Hey Netflix, Amazon Instant Video's new iPad app could eat your lunch

Reblogged from VentureBeat:

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Online retail giant Amazon released an iPad app today that provides streaming access to its library of Prime Instant Video movies and TV shows.

The Prime Instant Video is a complimentary video service offered to members of Amazon Prime, the $79 per year service that provides free two-day shipping to tons of products sold by Amazon. The new Instant Video iPad App represents one of the first big steps by the company to directly compete with streaming video service leader…

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