Netflix is more entrenched than you think. Recommendation algorithm alone improves viewing multiple folds. Best in class proprietary CDN, encoder and cloud infrastructure ensure Netflix have the lowest cost per stream for years to come. More than 200M paid users is such a huge moat that only Disney has a chance to match. Streaming is all about scale. Netflix has twice the users and 5X the revenue of the nearest competitor. Meaning Netflix can afford to pay more and better content. There's a reason why Disney is providing one new episode per week and in red, Netflix is providing multiple new series per day and in black.
Hollywood studios are US centric companies. They don't have a meaningful non-english catalog and for over 100 years, they can't produce non-eng hits. Netflix changes all that in a few years of production, from Money heist to Lupin. The one and only truly global production company. The international focus will keep Netflix No.1 in this race. Think about it, Disney wants to sell a few characters to more households. The narrow focus will not satisfy the diversified tastes of international audiences.
I subscribed Netflix for 1month then I quited. HBO max is much better for me as I only watch movies. Even Amazon Prime has better movie collection than Netflix. I just find Netflix overrated.
There are so many nuances that make it superior — global content production, skip intro, Home Screen recommendations, dynamic key art thumbnails, content ranking, etc. Really makes it the most retentive streaming platform.
The only edge Netflix has over other streaming companies is the ton of data they have on user preferences and viewer patterns etc. it’s because they started way early.
Netflix is way ahead in terms of tech. Despite that, if you include the whole Disney portfolio (ESPN+, Hulu, Disney+) we will likely beat them to 250m subscribers. Disney is a marketing powerhouse and is embedded across the globe with passionately enthusiastic fans in various cultures. Netflix is learning how to operate internationally while we have already been doing it for decades. There are Disney movies where the Canadian version of the same film might have the main character playing hockey and the Brazilian version has them playing soccer. Disney has mastered local execution and has been doing these type of nuanced things that fit with local culture way before streaming. With that said, our biggest risk is losing engineering talent. I know I personally would take the $500k Netflix salary over my free Disney world passes.
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Hollywood studios are US centric companies. They don't have a meaningful non-english catalog and for over 100 years, they can't produce non-eng hits. Netflix changes all that in a few years of production, from Money heist to Lupin. The one and only truly global production company. The international focus will keep Netflix No.1 in this race. Think about it, Disney wants to sell a few characters to more households. The narrow focus will not satisfy the diversified tastes of international audiences.
There are so many nuances that make it superior — global content production, skip intro, Home Screen recommendations, dynamic key art thumbnails, content ranking, etc. Really makes it the most retentive streaming platform.