The War for Online Video Is Heating Up
May 22nd 2013 11:00PM
Updated May 23rd 2013 7:20AM
Amazon , Yahoo! , AOL have made key moves to build a video arsenal-moves that will surely lead to a showdown with everyone, including Netflix and Google's YouTube.
Will Netflix and YouTube survive this onslaught?
For some time now, Amazon and Yahoo! have partnered with content creators to create a hub of online video. But, in just the past few months, both companies have struck deals to become the exclusive streaming partner for certain TV shows. Now, Amazon is the only one that has access to shows like Downton Abbey and Justified online, meanwhile Yahoo! will soon become the place for Saturday Night Live.
Additionally, each company is creating original shows. Last month, Amazon piloted 15 new pilots, AOL announced it would create a studio to help shoot 15 shows as well, and Yahoo! has been creating its own web series for a while.
So, it looks like Netflix and YouTube have their work cut out for them. Luckily, Netflix and YouTube seem well-positioned to weather any battles for the next couple of years. In the following video, Motley Fool contributor Kevin Chen compares Netflix and YouTube's prospects to their ever-growing competitors. To learn more, click on the video below.
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The article The War for Online Video Is Heating Up originally appeared on Fool.com.Fool contributor Kevin Chen has no position in any stocks mentioned. You can follow him at @TMFKang or on Google+. The Motley Fool recommends Amazon.com, Google, and Netflix. The Motley Fool owns shares of Amazon.com, Google, and Netflix. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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