Two More Rivals Look to Stop Netflix (NFLX) in the U.K.
Netflix is going to see even more pressure across the pond starting in the first-half of 2012.
According to reports and data from the Company, U.K. media giant BSkyB is aiming to launch a streaming media service it hopes will rival offerings from Netflix (Nasdaq: NFLX), Amazon's (Nasdaq: AMZN) LoveFilm, and YouView.
The offering from BSkyB will allow U.K. consumer to download and watch films without a contract or satellite dish.
Devices consumers will be able to watch BSkyB media on include laptops, PCs, gaming consoles, TVs, and smartphones. The service will also be offered with a monthly plan, ala Netflix.
With Netflix still a baby in the U.K., the move by BSkyB will add pressure. Amazon's LOVEFiLM was already a hit when Amazon acquired it last year, and YouView will also be launching in the first-half of 2012.
Netflix is trading higher Tuesday morning.
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According to reports and data from the Company, U.K. media giant BSkyB is aiming to launch a streaming media service it hopes will rival offerings from Netflix (Nasdaq: NFLX), Amazon's (Nasdaq: AMZN) LoveFilm, and YouView.
The offering from BSkyB will allow U.K. consumer to download and watch films without a contract or satellite dish.
Devices consumers will be able to watch BSkyB media on include laptops, PCs, gaming consoles, TVs, and smartphones. The service will also be offered with a monthly plan, ala Netflix.
With Netflix still a baby in the U.K., the move by BSkyB will add pressure. Amazon's LOVEFiLM was already a hit when Amazon acquired it last year, and YouView will also be launching in the first-half of 2012.
Netflix is trading higher Tuesday morning.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
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