Netflix has had the global streaming-video market more or less to itself for some time now, apart from a few tentative steps made by smaller players such as HBO. But now it is getting a major competitor, and one with even deeper pockets. Amazon is said to be close to rolling out its Prime Video service worldwide.
The Wall Street Journal said that the e-commerce giant is expected to expand its video offering into about 200 countries. It is currently only available in the U.S., U.K., Germany, Austria, and Japan.