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Amazon just quietly showed how ambitious is it with media - TL;DR CNBC

Amazon just quietly showed how ambitious is it with media

Publishing timestamp: 2016-07-29 19:34:46


Summary

Amazon is increasing its spending on video content to compete with Netflix, with a focus on original programming. While Netflix is currently the most popular streaming service, Amazon is gaining ground and making strategic moves to attract more subscribers. Both companies are investing heavily in content to drive profits.


Sentiment: MIXED

Tickers: AMZNNFLX

Keywords: technologyentertainmentamazon.com incbusiness newsearningsnetflix inc

Source: https://www.cnbc.com/2016/07/29/amazon-just-quietly-showed-how-ambitious-is-it-with-media.html


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