I'll be interested to see where Netflix, HBO, and Amazon end up because right now it seems like a race to the bottom. Netflix is spending billions (I believe $8

I'll be interested to see where Netflix, HBO, and Amazon end up because right now it seems like a race to the bottom. Netflix is spending billions (I believe $8 billion this year) to create original content. Both Amazon and Netflix want to add more and more premium content while lowering prices. Channels or streaming services are now identified by the shows they have more than the service itself (I'm going to pay for Netflix because I like House of Cards and Stranger Things, HBO because I like Game of Thrones, etc.) Each is only as good as their latest shows and content is increasingly becoming a commodity. Whereas 20 years ago if NBC had a few flops and fell in the ratings it hurt their ad revenue a bit but they still were piped into the same houses, now if Netflix fails to put out hit shows, people will pay a competing service instead.