A look behind the curtains at Netflix ($NFLX) and what’s at stake with our Content is King thematic
At over 6,000 words, this piece by Joe Nocera of the New York Times isn’t a quick read . . . but it’s worth taking the time! The Content is King thematic we use at Tematica focuses on the epic battle being fought from all angles — from Disney (DIS) to Netflix (NFLX) to Amazon Prime (AMZN) and dozens of others — each hoping to grasp a moment of our attention in our hyper-stimulated world. Throughout this article you get a sense of just what’s at stake and who the players are:
Just because Netflix had essentially created this new world of internet TV was no guarantee that it could continue to dominate it. Hulu, a streaming service jointly owned by 21st Century Fox, Disney and NBC Universal, had become more assertive in licensing and developing shows, vying with Netflix for deals. And there was other competition as well: small companies like Vimeo and giants like Amazon, an aggressive buyer of original series. Even the networks, which long considered Netflix an ally, had begun to fight back by developing their own streaming apps.
Source: Can Netflix Survive in the New World It Created? – The New York Times
