Netflix (NFLX) and YouTube (GOOGL) have increasingly locked in a battle for control over the TV, a rivalry Netflix’s executives can no longer deny, John Koblin of The New York Times reports. The rivalry signals the streaming wars have entered a new phase. Previously, increasing subscriber numbers to their streaming services was the ultimate goal, but now those companies are trying to increase the amount of time viewers spend on their service.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GOOG:
- Alphabet Class C: YouTube’s AI Clampdown and Stock Surge
- Google pays $2.4B to license Windsurf data, hire its CEO, WSJ says
- OpenAI ends acquisition talks with Windsurf, Information reports
- AI Daily: Meta working to win AI race with money
- Now Streaming: Apple in talks to acquire U.S. rights to screen Formula 1