I wouldn't count that out because Netflix is facing and will face only growing competition from YouTube, TikTok and other screen time attention apps. But tbh ma

I wouldn't count that out because Netflix is facing and will face only growing competition from YouTube, TikTok and other screen time attention apps. But tbh majority of people use "Netflix" as a synonym for movies and TV series. That's the one thing they have. As far as I understood Netflix revenue moves according to the season cycles e.g. people buy their subscription during Christmas winter time because they want to watch movies during holidays and because it's cold outdoors or during February because of Valentine's Day so they can watch movies with their loved one. The second factor is original content which forces you to buy their subscription because that content is exclusive to the Netflix or in another words you can not watch it anywhere else except on Netflix. Again original content comes in cycles.