A long list of companies — including big names such as Amazon, Dish Network, Wal-Mart, Best Buy and YouTube — appear to be gearing up to enter the online video rental business. Of course, they all have visions of eventually overtaking the current market leader Netflix. It makes sense. Streaming video is the future of home entertainment, and surely there’s room for more than one major player in a market that really is barely more than a year old. There also is precedent for unseating a leader in the video rental realm. Netflix entered the business when renting videos meant picking up DVDs at your local Blockbuster.
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Netflix Is Leaving the Door Wide Open for Competitors
Posted by: Sidney Hill April 29, 2011 05:00 AMA long list of companies — including big names such as Amazon, Dish Network, Wal-Mart, Best Buy and YouTube — appear to be gearing up to enter the online video rental business. Of course, they all have visions of eventually overtaking the current market leader Netflix. It makes sense. Streaming video is the future of home entertainment, and surely there’s room for more than one major player in a market that really is barely more than a year old. There also is precedent for unseating a leader in the video rental realm. Netflix entered the business when renting videos meant picking up DVDs at your local Blockbuster.