Thursday, March 27, 2014

Amazon.com to launch free streaming media service, WSJ says


 $NFLX Trading off 5% after hours - $AMZN unchanged

Mar 27 at 16:24

      Amazon (AMZN) will offer a free streaming media service in the coming
months, departing from its strategy of offering streaming media to only Prime
members, in an effort to transform itself from a retailer to a multimedia
company reports the Wall Street Journal. The move will pit the e-commerce giant
against rivals like Google's (GOOG) YouTube and Netflix (NFLX), the paper adds.














Link http://online.wsj.com/news/articles/SB10001424052702304688104579465690663
213198?mod=wsj_nview_latest&mg=reno64-wsj


Company Symbols: $AMZN $GOOG $NFLX

No comments:

Post a Comment