Thursday, March 27, 2014 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.


Company Symbols: $AMZN $GOOG $NFLX

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