Streaming’s Biggest Rivals Just Became Allies in Washington

Netflix, Inc. (NASDAQ:NFLX), Amazon.com, Inc. (NASDAQ:AMZN), and Alphabet Inc. (NASDAQ:GOOGL)'s YouTube compete aggressively for subscribers, ad revenue, and, increasingly, sports rights. On September 14, the three put aside their rivalry to form a new lobbying group aimed at representing the streaming industry as a single, undivided voice in Washington. The New Coalition The Streaming Access and Choice Alliance, or SACA, debuted on September 14 with Amazon, Netflix, and YouTube as founding corporate members. It's led by TechNet, a trade association that describes itself as a national, bipartisan network of technology CEOs and senior executives that promotes the growth of American innovation.