Netflix Inc

NFLX

Netflix Inc

@v_ffr3nchfry
• 10 months ago

Do They Have A Competitive Advantage?

Do They Have A Competitive Advantage?

Netflix has a market cap of $533.47B. Interestingly, their biggest competitors are all parts of conglomerates and many decided to join the streaming game during COVID. AppleTV, Disney+, Peacock, HBO Max, Discovery Plus, and Paramount Plus all launched their services between the end of 2019 and the beginning of 2021. 5 years later, Netflix is still on top with the most subscribers.

  • Apple ($3.01T)

    • Apple TV: launched Nov 2019

  • Amazon ($2.21T)

    • Amazon Prime Video: International expansion in 2014

  • Google ($2.01T)

    • YouTube TV (not public. Owned by Alphabet Inc): debuted Feb 2017

  • Disney ($211.69B)

    • Disney+: launched Nov 2019

    • Hulu (not public. Owned by Disney as of Nov 2023)

  • Comcast ($129.15B)

    • Peacock (not public. Owned by Comcast through it's entertainment division, NBC Universal): launched July 2020

  • Warner Bros Discovery ($26.42B)

    • HBO Max (not public. Owned by Warner Bros): launched May 2020

    • Discovery Plus (not public. Onwed by Warner Bros): launched Jan 2021

  • Fox ($24.14B)

    • Tubi (Free service. not public. owned by Fox Corp): launched Apr 2014

  • Roku ($12.27B)

    • The Roku Channel (Free service): launched Sep 2017

  • Paramount ($8.74B) Owned by a privately held company, National Amusements

    • Paramount Plus: launched Mar 2021

    • Pluto TV (Free service. not public. owned by Paramount): International expansion in Sep 2019

  • Hoopla (Free service tied to library cards. not public): released Jan 2013

  • Kanopy (Free service tied to library cards. not public. Acquired by OneDrive in 2021, also not public, which is owned by Rakuten): Began streaming services in 2010