3 ms·
The tech moat can only be so deep. IMO Netflix has two main issues: 1. Content is expensive to make and they are not the only game in town making quality stuff
by macstainless 4y ago
The tech moat can only be so deep. IMO Netflix has two main issues:
1. Content is expensive to make and they are not the only game in town making quality stuff anymore.
2. Tons of their old back catalog was licenced stuff that the rights-holders have decided to take back & use for their own back catalogs.
Netflix was great when it was the only game in town. But competition is fierce between Disney needing to pay $0 to licence SW, Marvel, Disney stuff and Apple with insanely-deep pockets. Both can take on losses for YEARS before turning a profit on streaming. Let's not forget that Apple didn't even charge for ATV+ in its first 18-months in existence.