U.S. Markets close in 5 hrs 8 mins

Netflix and Amazon May Have More Rivals to Contend With

Sean Allen
Netflix and Amazon May Have More Rivals to Contend With

Netflix (NFLX) and Amazon (AMZN) are likely to face stiffer competition in the video streaming business. The leaders in video streaming are already bracing themselves for the likes of Disney (DIS), which is slated to launch its own streaming service next year, and Apple, which could launch its streaming service next year as well.