Seattle – (NASD: AMZN) may be preparing to launch an instant
streaming video service to compete with Netflix (NASD: NFLX), according to screenshots
published by Engadget.

The screenshots display a new video streaming option
available on Amazon Prime, the company’s service that offers unlimited two-day
shipping and other amenities for $79 per year.

A "Watch now" button appears
next to movie titles, in addition to text that reads, "Your Amazon Prime
membership now includes unlimited, commercial-free, instant streaming of 5,000
movies and TV shows at no additional cost."

An Engadget tipster also noted
that a unit of Amazon recently acquired several variations of the domain


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