Netflix Has to Compete With Free
There's no doubt about it: Netflix's (NASDAQ: NFLX) competition is intensifying this holiday season. Both Apple (NASDAQ: AAPL) and Walt Disney (NYSE: DIS) are launching streaming services at aggressive prices in November. In addition, both services will be available for some customers for up to one year at no cost.
Aggressive pricing, free trials, and promotional offers for these new services will put Netflix to the test. The streaming-TV giant, however, isn't worried.
Image source: Walt Disney.
Source Fool.com