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Last year, the company generated

Last year, the company generated $1.2 billion in annual net profit on $15.8 billion of revenue.

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Last year, the company generated $1.2 billion in annual net profit on $15.8 billion of revenue.

However, in 2019 its market valuation has dipped as competitors like Disney , NBCUniversal, and the HBO Max all flex their muscle.

"NBCUniversal is coming out with a service, Disney, Warner Media, Viacom bought Pluto TV, Amazon launched IMDb Freedive, and on and on.

Netflix, Hulu, Facebook, You Tube, Amazon Prime, HBO..consumers we're inundated with video everywhere we look." Here are the most important streaming services to watch in the next hyper-competitive phase of this industry.

Other streaming platforms need Amazon's cloud, too.

.2 billion in annual net profit on .8 billion of revenue.

However, in 2019 its market valuation has dipped as competitors like Disney , NBCUniversal, and the HBO Max all flex their muscle.

"NBCUniversal is coming out with a service, Disney, Warner Media, Viacom bought Pluto TV, Amazon launched IMDb Freedive, and on and on.

Netflix, Hulu, Facebook, You Tube, Amazon Prime, HBO..consumers we're inundated with video everywhere we look." Here are the most important streaming services to watch in the next hyper-competitive phase of this industry.

Other streaming platforms need Amazon's cloud, too.

The new Apple TV app will offer original content through Apple TV , as well as streaming app and network subscriptions through TV Channels, which is similar to the add-ons offered by Prime Video and Hulu.

"Because we serve millions of customers and operate this massive amount of scale, it gives both Prime Video and AWS expertise in how to actually operate these systems, and with that level of scale comes cost savings that we then are able to offer back to customers on the consumer side as well as the enterprise side."Amazon also owns IMDb, which launched a free, ad-supported streaming service in January.

Originally known as IMDb Freedrive, it was rebranded in June to IMDb TV.

Netflix has become the entrenched leader in this shifting industry, but instead of fighting off startups it's up against tech juggernauts like Apple and Amazon, and century-old media giants.

The latter have not only unveiled competing services, but announced long-awaited plans to reclaim shows like for their own services. The one-time DVD rental company-turned-streaming goliath keeps burning cash and raising debt financing to fund its original-content creation, which spans everything from and Adam Sandler movies to a vast trove of cheaper films and series to pad its increasingly originals-reliant library. The service added a record 9.6 million subscribers in Q1 2019, though its US growth rate is slowing compared to rivals like Hulu.

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