Netflix (NFLX -2.6%) slumps after Amazon (AMZN) announces its anticipated Prime Video deal with...

|By:, SA News Editor

Netflix (NFLX -2.6%) slumps after Amazon (AMZN) announces its anticipated Prime Video deal with Viacom (VIA, VIAB). The deal adds over 2K titles from cable networks such as Nickelodeon, MTV, and Comedy Central, and boosts the size of Amazon's library to 15K (Netflix has 20K+). Ryan Lawler believes Prime Video now looks like a real competitor to Netflix, but thinks a standalone service is needed.