Netflix (NASDAQ:NFLX) made up for months of investor frustration this week with a blowout earnings report that sent the stock soaring 40%. Billionaire Carl Icahn took 10% stake in the company in November, and the timing seems perfect in hindsight. Since then, Netflix struck a deal with Disney (NYSE:DIS) allowing some titles to be streamed now, with new releases streaming in 2016. The stock has been climbing ever since.
But there is still concern about competition, especially the streaming service from deep-pocketed Amazon.com (NASDAQ:AMZN). Amazon Prime members receive that service for no extra charge. There's also Hulu Plus to consider.
What's a streaming fan to do? At this month's 2013 International Consumer Electronics Show in Las Vegas, Rex Moore caught up with consumer technology expert Rob Pegoraro and asked him about the battle between Netflix and Amazon. Listen to Rob's response, and then give us your thoughts in the poll below the video.
Rex Moore has no position in any stocks mentioned. The Motley Fool recommends Amazon.com, Netflix, and Walt Disney. The Motley Fool owns shares of Amazon.com, Netflix, and Walt Disney. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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