5 ms·
Citation needed; Netflix has a ~$350 billion market cap [0]. Google has one of $2.227 trillion [1], and 10.25% of its revenue is attributed to Youtube revenue.
by Cthulhu_ 2y ago
Citation needed; Netflix has a ~$350 billion market cap [0]. Google has one of $2.227 trillion [1], and 10.25% of its revenue is attributed to Youtube revenue. Since I haven't found a quick reference to youtube's net worth, let's assume it's 10.25% of $2.227T, which is ~$222 billion, making YT smaller than Netflix.
[0] https://stockanalysis.com/stocks/nflx/market-cap/ https://stockanalysis.com/stocks/nflx/market-cap/
[1] https://companiesmarketcap.com/alphabet-google/marketcap/ https://companiesmarketcap.com/alphabet-google/marketcap/
[2] https://www.statista.com/statistics/289659/youtube-share-of-google-total-ad-revenues/ https://www.statista.com/statistics/289659/youtube-share-of-...
- lotsofpulp 2y agoRegardless of numbers, Netflix is nowhere near as influential as the others. It’s just a website that plays videos, and one can easily live life without it. The other big companies are much harder to avoid, they’re basically infrastructure.
- ghaff 2y agoIf Netflix closed up shop tomorrow, there'd be a long a thread here, lots of headlines, and lots of whining, but at this point there are a ton of other streaming services and most of us would shrug and move on. Netflix has been on my bubble for a good couple of years and has only marginally kept my monthly subscription. In fact, I'm still somewhat angry at Netflix for wiping out disc rental and then killing their own DVD by mail which was a good source of reliable one+ year old movies.
- dgfitz 2y agoThe production quality of any Apple tv show embarrasses a Netflix show. I think Netflix is going to follow its big brother, blockbuster.
- ghaff 2y agoI mean it's all about production companies (and the quality/quantity of licensed content). And Netflix increasingly just doesn't justify a premium price for what it delivers.
- recursive 2y agoIt's also pretty easy to live life without Amazon, Apple, and Facebook. At least for me. I'm not counting services hosted on AWS. Removing that still leaves Apple and Facebook, which I use not at all, and have no desire to.
- wenc 2y agoIn the market cap website, the other companies are in the Top 7. Netflix is 27.
- echelon 2y agoYouTube Ads (not subscriptions) are nearly as big as Netflix's entire revenue: https://theankler.com/p/netflixs-threat-isnt-in-hollywood https://theankler.com/p/netflixs-threat-isnt-in-hollywood https://x.com/EconomyApp/status/1652380729425162241 https://x.com/EconomyApp/status/1652380729425162241 YouTube has an insane moat. Netflix has a half dozen comparable competing services (Prime, Apple, Disney, HBO/Max, etc.)
- meekaaku 2y agoThe N should be Nvidia