Alphabet Inc (GOOG)’s Google Claims YouTube Red is not Netflix (NFLX)

 

When Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) announced its long-awaited video subscription service, YouTube Red, it looked another Netflix in a different name. That comparison doesn’t impress Alphabet officials who insist that YouTube Red is completely different from Netflix. According to YouTube’s Robert Kyncl, the differences between the services can be seen in several areas including the source…