Write-ups like this always assume Netflix will remain static. In the past, they have faced two existential crises: 1) DVDs by mail was becoming a buggy-whip s

Write-ups like this always assume Netflix will remain static. In the past, they have faced two existential crises: 1) DVDs by mail was becoming a buggy-whip style business. They pivoted to streaming. 2) Streaming content licensed from other companies effectively gave them a “maximum profit”. Every efficiency they gained that led to higher profit was quickly negotiated away by rights holders who threatened to take away Netflix’s life blood (content). So they started their own production company and created their own content. Now they’re being attacked from every direction by a host of competitors. History shows Netflix will not lie down. As an impartial observer with no dog in the fight, I’m interested to see what they come up with next.