One thing is certain...
Streaming is the future.
Take the music industry – it has entirely shifted to streaming. CDs and iPods are irrelevant. How about the video industry? DVDs and DVD players are now things of the past. Betting on innovative streaming companies should pay off down the road. But which streaming service will win? If you have the foresight to answer that question, you’ll make a lot of money. Ten years ago, if your answer was Netflix (NFLX), you’d be sitting on a small fortune today... If you bought Netflix’s stock in November 2009, you’d be up about 3,500%. Netflix changed the game with its original content, vast library of shows and movies, and simplicity. It’s the clear leader in the video- streaming space right now, with nearly 160 million subscribers globally. But the gap between Netflix and everyone else has been shrinking . Amazon (AMZN) is becoming a contender with its Prime Video streaming service. If you’re an Amazon Prime member, you
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Then you have a host of other streaming services like Apple TV+, Showtime, HBO Max, DirectTV Now, and CBS All Access. And every network that has been taking a beating because of the cord-cutting movement is planning to come out with its own streaming service. So which streaming service has the best shot to win over the next few years? It turns out there doesn’t need to be one winner... According to Deloitte’s annual automatically get Prime Video, giving it a huge advantage since the online monolith has more than 100 million Prime members. Original shows like Tom Clancy’s Jack Ryan and Carnival Row have been well-received by fans. And Hulu has about 30 million subscribers. Although Hulu is a fraction of Netflix’s size, it grew nearly 50% last year. With hit original shows like Shrill and The Handmaid’s Tale , Hulu is becoming a formidable foe.
But the gap between Netflix and everyone else has been shrinking.
American Consequences
21
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