Amazon slashes 4K video prices in apparent reaction to iTunes 4K deals
Amazon has dramatically reduced the costs of 4K movies on Amazon Video, undercutting prices at Apple's iTunes for streaming on the Apple TV 4K.

Some titles on Amazon now cost as little as $5, though most are between $7 and $19. Thanks to deals with several movie studios, Apple is typically charging $19.99, an amount still below rivals like Walmart's Vudu.
Amazon was previously charging upwards of $30. The company has presumably negotiated its own agreements, since studios might otherwise protest given their terms with Apple.
Amazon has a smaller 4K selection than iTunes, and has temporarily stopped selling new Fire TV set-tops in advance of an anticipated refresh. The hardware already supports 4K, but Amazon may try and match the HDR (high dynamic range) compatibility found on devices like the Apple TV 4K, Chromecast Ultra, and recent Rokus. The new Apple TV is the only streamer of the group to support both Dolby Vision and HDR10.
The price cut could draw some people away from iTunes, especially given the imminent arrival of a native Amazon Video app for the Apple TV. While it missed the Apple TV 4K's launch on Sept. 22, the app could be appealing not just for individual prices but because people who have an Amazon Prime membership get some free movies as a perk.

Some titles on Amazon now cost as little as $5, though most are between $7 and $19. Thanks to deals with several movie studios, Apple is typically charging $19.99, an amount still below rivals like Walmart's Vudu.
Amazon was previously charging upwards of $30. The company has presumably negotiated its own agreements, since studios might otherwise protest given their terms with Apple.
Amazon has a smaller 4K selection than iTunes, and has temporarily stopped selling new Fire TV set-tops in advance of an anticipated refresh. The hardware already supports 4K, but Amazon may try and match the HDR (high dynamic range) compatibility found on devices like the Apple TV 4K, Chromecast Ultra, and recent Rokus. The new Apple TV is the only streamer of the group to support both Dolby Vision and HDR10.
The price cut could draw some people away from iTunes, especially given the imminent arrival of a native Amazon Video app for the Apple TV. While it missed the Apple TV 4K's launch on Sept. 22, the app could be appealing not just for individual prices but because people who have an Amazon Prime membership get some free movies as a perk.

Comments
I wonder if someone files a class action to get refunded? If it was Apple lawyers would be lining up.
Or, more like is it the case that Amazon wants to announce the app at their own event - where they will say that you can watch AMZ 4k video on Apple TV for $179 or $39 on Firestick.
SPOILER ALERT!
The movie will stream in 4K, but the download will be 1080. Apparently it's not a glitch, it's on purpose. Why? Your guess is as good as anyone else's.
I don't WANT streaming. I want to purchase and store my content locally.
Partly because of "collector syndrome." I like knowing that what I paid for is accessible.
Partly because I want access to my content without an internet connection -- with blocked ports on the WiFi at work, complete absence of signal on the public transit system, and the painfully high cost of LTE data, streaming is neither convenient nor affordable. Even if I could get a signal on the train, my viewing there would chew through my entire data plan in a week. With locally stored content I can watch as much as I want without incurring huge bills.
Partly because Netflix has let me down. Twice I've started watching something, gone away, and when I came back it was no longer available (expired license agreement maybe?). Not a big deal with a movie, but it's annoying when it's a TV series. I don't want to be dependent on someone else for availability. If I buy and download, I know it'll be there when I want to watch.
What's bugging me is the PRICE of content on the iTunes Store compared to buying physical media. I don't get why it costs anywhere from half-again to twice as much through iTunes. Is that Apple's doing or are the studios cashing in?