Video streaming battle heats up

September 26, 2011: 1:33 PM ET
Netflix, stock

Click the chart to check Netflix's stock.

NEW YORK (CNNMoney) -- It pays to be a content provider these days. This morning, both Netflix and Amazon announced new digital video streaming deals.

The competition in the online video streaming business is fierce. Netflix (NFLX), Google (GOOG, Fortune 500), Apple (AAPL, Fortune 500), Amazon (AMZN, Fortune 500), Wal-Mart (WMT, Fortune 500), Dish (DISH, Fortune 500)/Blockbuster and Hulu are all scrambling to get a share of the business.

Down the road, consumers are expected to be the big winners, but today the biggest beneficiaries are content providers. The latest deal with DreamWorks is estimated to costs Netflix about $30 million per picture.

Netflix, which lost more than 40% of its market cap in the past month alone, is rumored to be an acquisition target for some of the technology sector's juggernauts -- Amazon, Apple, Google.

Netflix scores exclusive DreamWorks streaming deal

Amazon might have other plans in the digital video content arena. The biggest e-tailer in the world just signed a deal with Fox (NWSA, Fortune 500) to expand its selection of movies and TV shows offered to Amazon Prime members.

These are some of the popular themes on StockTwits this Monday:

graubart: The Amazon - Netflix - Apple battle for consumer attention (streaming & tablets) will be a big win for users $AMZN$NFLX $AAPL

herbgreenberg: My take on $NFLX dmw deal: content costs rising, subs falling. will this reverse sub slide? crystall ball broken

EricEskin: $AMZN is methodically moving to replace $NFLX

ZorTrades: Like i said last week, i believe funds don't want to show$NFLX in their books..a little window undressing,& then it get interesting next wk

LifeSciencesMkt: $AMZN Amazon inks deal w/FOX to add movies and TV shows to its unlimited instant streaming service later this fall i.e they DON'T want $NFLX

biggercapital: On Wednesday the price of tablets will start moving slowly toward zero. Won't be obvious at first but that is the game plan $AAPL $AMZN To top of page

Most Popular
Europe debt crisis and jobs numbers to drive stocks
 
Farmers hit the jackpot in Kansas oil boom
 
Apple to DOJ: Bite me
 
Postal Service offers $15,000 buyouts to 45,000 mail handlers
 
Summer gas prices - as good as they'll get
 
Index Last Change % Change
Dow 12,454.83 -74.92 -0.60%
Nasdaq 2,837.53 -1.85 -0.07%
S&P 500 1,317.82 -2.86 -0.22%
Treasuries 1.74 -0.01 -0.80%
Data as of 3:59pm ET
Company Price Change % Change
Bank of America Corp... 7.15 0.01 0.14%
Sprint Nextel Corp 2.62 0.09 3.56%
Cisco Systems Inc 16.33 -0.06 -0.37%
Chesapeake Energy Co... 15.81 0.23 1.48%
Ford Motor Co 10.60 0.01 0.09%
Data as of May 25
Overnight Avg Rate Latest Change Last Week
30 yr fixed3.80%3.80%
15 yr fixed3.09%3.11%
5/1 ARM2.65%2.69%
30 yr refi3.77%3.86%
15 yr refi3.09%3.21%
Rate data provided
by Bankrate.com
View rates in your area
 
Find personalized rates:
Hot List
CEOs who served their country

FedEx's Fred Smith did 2 tours of duty in Vietnam as a Marine. Meet 10 Fortune 500 executives who served in the U.S. military.  More

Farmer power forces Big Oil bidding war 

Group of farmers in southern Kansas pool their land to more than double their money from an oil company for their mineral rights. Play

6 great Memorial Day car deals

Here are some hot tips if you're going out car-shopping this weekend. More

Build your own mail-order home

This 150-square-foot home can be shipped anywhere and then assembled like Ikea furniture. More

How we got our jobs after college

Many Class of 2012 grads find themselves without work. But those who landed jobs say internships are key. More

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2012 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2012 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2012. All rights reserved. Most stock quote data provided by BATS.