$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