Time Warner (TWX) has launched its very own streaming service, but with a bit of a twist. The company has released an Internet streaming service that gives users access to the classics within the Warner Archives. Although this seemingly niche product doesn't directly compete with Netflix (NFLX 0.92%) and Hulu on the surface, it could potentially pave the way for future competition from Time Warner, which is the parent of HBO. In this video, Motley Fool contributor Steve Heller discusses this announcement and what it could mean for Netflix investors.