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  • ivodirect ivodirect Feb 1, 2013 2:40 PM Flag

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    By Martin Peers

    If there was any doubt, it’s now clear that Netflix Inc. NFLX +0.90% has some serious competition in the streaming video world.

    Amazon's AMZN -0.30% disclosure on Friday that it has exclusive rights to stream “Downton Abbey” as far as a possible fifth season throws down a gauntlet to Netflix. The streaming service has been getting all the attention as a possible competitor to traditional TV channels like HBO, accumulating 27 million streaming subscribers in the U.S. and licensing original shows such as “House of Cards”, which starts today. But Amazon is showing that it is serious about establishing itself in this arena as well.

 
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