Is Netflix stable? There is lots of competition.

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lilldicky

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lilldicky
May 6, 2021 36 Comments

Does Netflix have a bright future or it's going to be crushed by the competition?

Hulu, YouTube, Amazon, HBO Max, Disney+, Roku, etc. are all in the same market unless I am misunderstanding the business model of Netflix.

TC: 300k

Edit:
Thanks everyone for responding! My confidence in Netflix has strengthened. Their net income in 2020 was $3B (thanks to πŸ‘οΈ πŸ‘„ πŸ‘οΈ for finding the earnings spreadsheet).
Additionally this article does a good job at summarizing the financial situation at Netflix - https://www.nytimes.com/2021/01/19/business/netflix-earnings-debt.html

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