According to the WSJ Youtube is looking into breaking the streaming video space. It will compete directly with serivces like Netflix, Amazon prime video and Hulu.
Personally I feel like there is not much difference between these type of service. Most of the series and movies are old, and there is a lack of new material. The only place that I see these streaming services differentiting is on the originl content they produce.
So that raises a question, will Youtube just be another streaming service?
The answer is no. While the other providers license older tv series and movies, youtube will focus on new material. This may definetly give Youtube an edge and grab an important size of the pie in its first motnhs.
We should expect to see this new service by 2016, and I am personally looking forward to it.
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