Netflix has no significant cash flow from other channels. Many competitors, like Disney (Disney+, Hulu, ESPN+), Amazon (Amazon Prime Video), WarnerMedia (HBO)

Netflix has no significant cash flow from other channels. Many competitors, like Disney (Disney+, Hulu, ESPN+), Amazon (Amazon Prime Video), WarnerMedia (HBO), Apple (Apple TV+), ... can fund streaming wars (=exchange profits for market share) with their cash flow from other sources for long time if needed. If you count every streaming service as separate, Disney has already more market share than Netflix in the US.