Exactly right. Watch apps will compete on consumer-facing features like the recommendation algorithm -- maybe they'll offer several, or just one that different

Exactly right. Watch apps will compete on consumer-facing features like the recommendation algorithm -- maybe they'll offer several, or just one that differentiates them. Hosting providers will compete on producer-facing features, like advertising, content policies, analytics, etc. If a user is displeased with either, they can take all of their content/activity history and leave.