There is no doubt all content will eventually be digital content, in the sense that everything available will end up online, with cloud computing wars already heating up in the potentially lucrative music streaming market, with heavyweights Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL), Google (NASDAQ:GOOG) and Microsoft (NASDAQ:MSFT) positioning themselves for the battle.
When that battles goes from music to video streaming, it's unclear at this time whether Netflix (NASDAQ:NFLX) will be able to survive.
Speaking of Netflix, the digitizing of all content doesn't mean there won't be any non-digital content, just that like physical DVDs some customers will always prefer, there will be other content on physical books and magazines. The point is whatever is out there, barring legal issues, will become digital.
While the cloud is still in development and the majority of consumers not aware of it, that is changing quickly, and once they understand they can access content anywhere they are through whatever device that's available, it's sure to catch on fast.
One tremendous application in the music sector for example, is consumers can acquire a tune and then own it on the cloud, like the service now offered by Amazon.com. Again, wherever they are they can play the tune or tunes of their choice that they've acquired. Other services allow you to stream music but you don't own it.
This will eventually be the case with all types of content available in digital form.
Amazon.com closed Monday at $184.04, dropping $0.67, or 0.36 percent.
Tuesday, April 12, 2011
Cloud Wars with Amazon (AMZN) (AAPL) (GOOG) (MSFT)
Labels:
Amazon.com,
Apple,
Cloud Computing,
Google,
Microsoft,
Music Streaming,
Netflix
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