With Google (NASDAQ:GOOGL) announcing that it would begin offering paid subscriptions to unique channels for an average price of $2.99 per channel per month, the entertainment business just got more interesting. The service is clearly designed to take on the likes of Netflix (NASDAQ:NFLX) and Amazon Prime, but with the channel model, Comcast (NASDAQ:CMCSA) and DIRECTV (NASDAQ:DTV) might see competition as well.
In the video below, Fool.com contributor Doug Ehrman discusses the new business model being rolled out by Google, why it has the potential to be a game changer, and why you should give it a shot.
Fool contributor Doug Ehrman has no position in any stocks mentioned. The Motley Fool recommends Amazon.com, DIRECTV, Google, and Netflix. The Motley Fool owns shares of Amazon.com, Google, and Netflix. 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.