Reports Say Amazon Will Enter Game Streaming: Should Competitors Be Worried?
Streaming games like your favorite shows is all the rage these days. Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google just launched its Stadia subscription service, Microsoft (NASDAQ: MSFT) is in the throes of testing Project xCloud, and Sony (NYSE: SNE) has been at it for a while with its PlayStation Now service. Electronic Arts' Project Atlas is launching soon and is yet another example of the swarm of players entering the burgeoning market.
Not one to be left out, Amazon (NASDAQ: AMZN) is reportedly eyeing game streaming as well.
Amazon already owns Twitch, the live-streaming service that lets users watch other people play games in real time and sells video games and consoles on its e-commerce site. Now it reportedly wants more of the streaming game industry, which is in the early stages of transformation.
Source Fool.com