Something rather interesting has been happening as of late: an increasing number of companies, smelling Netflix blood, want to jump into the streaming space and become the average consumers’ new go-to place for entertainment.
It makes some sense. Over the last several months, Netflix has been hemorrhaging subscribers who are displeased with the company’s new pricing plans. And its ill-fated decision to spin off its DVD rental business made management seem incompetent. Add those issues to the difficult relationships it has with content providers, and it’s no wonder companies like Amazon, Wal-mart and others, want to take it down.