Is Streaming Amazon's Next Great New Frontier?
Amazon (NASDAQ: AMZN) is the ultimate disrupter, challenging and changing multiple traditional industries. It hasn't always been successful, but that doesn't matter. It has enormous cash coffers that is uses to invest in new ventures, and it can quietly shut down initiatives that don't work out, or keep pumping cash into them until they do. It has done all of these things.
The internet king launched several new projects over the past 12 months, including Just Walk Out technology for licensing, Amazon Fresh grocery stores, Amazon Pharmacy, and Amazon Wardrobe. But its latest efforts at dominance may be in an area less obvious: streaming.
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Source Fool.com
