The presentation proposes creating a new streaming service called Amazon Oasis to better compete with Netflix. It would be a separate entity from Amazon Video with its own pricing and features. The $9.99 monthly fee would allow for increased binge-watching through features like higher resolution, longer watch queues, and live streaming. The target market is 18-29 year olds who are social media friendly and watch 4+ hours per week. Amazon Oasis would aim to be users' primary entertainment destination through live streaming and increased social media presence.