I really question the Netflix strategy. When they started streaming, they had something very unique —- a large streaming user base and the technology to deliver

I really question the Netflix strategy. When they started streaming, they had something very unique —- a large streaming user base and the technology to deliver them videos. They could have built a big platform business where everyone funneled their content through there and Netflix took a cut off the top. Instead they licensed the content outright giving the studios the incentive to compete, now everyone has the technology to deliver streaming video and Netflix is competing on content where there have been tons of incumbents for 100 years.