By Bill Maurer:
Last week probably wasn’t the greatest of weeks for Netflix (NFLX). On Thursday, we found out that Amazon (AMZN) had secured another content deal, reaching a milestone for Prime Instant Video. With 40,000 plus titles and counting, Amazon is coming hard at Netflix, and I don’t see that changing anytime soon. The Redbox Instant partnership between Coinstar (CSTR) and Verizon (VZ) is also currently in its first full quarter of service.
But the more interesting news was that Target (TGT), the giant retailer, is in the process of beta testing a streaming video service. The company is currently testing the service with employees, and at the moment, there are no details on whether a service would launch, when that would be, etc. Don’t forget, Wal-Mart (WMT) already entered the market by acquiring the Vudu video streaming service, which offers "thousands of movies instantly." The question here is could