Netflix and Google's YouTube have transformed the way we consume online video, making it seem like Yahoo! (NASDAQ:YHOO), AOL (UNKNOWN:AOL.DL), and Amazon's (NASDAQ:AMZN) video efforts are copy-cat divisions in the ever-growing online video war.

But that's not the whole story.

While there are similarities in their strategies, Yahoo!, AOL, and Amazon aren't simply building up an online video library to go after Netflix or YouTube. Rather, there are other, bigger competitors to profit off of:  The cable companies (like Time Warner).

In the video below, Motley Fool contributor Kevin Chen fills you in on the big opportunity Yahoo!, AOL, and Amazon see in the online video market and why you might want to buy a few shares today.

Fool contributor Kevin Chen has no position in any stocks mentioned. You can follow him at @TMFKang or on Google+The Motley Fool recommends, Google, and Netflix. The Motley Fool owns shares of, 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.