Streaming wars heat up as rivals queue up to challenge Netflix

NETFLIX: Some of the biggest names in media and tech are gearing up to move into streaming, in what could be a major challenge to market leader Netflix.

Apple is expected to make its move with an announcement March 25 on its media plans, with a war chest estimated at some $1 billion and partners including stars like Jennifer Aniston and director J.J. Abrams involved in content.