Apple will never catch up to Netflix. We keep hearing news for this one Apple TV+ series, which I have zero interest in, while Netflix is debuting multiple series every single week including many international shows. Netflix also dominates awards for all streaming services.
Should have bought Netflix when Apple had the chance.
Netflix has been streaming since somewhere before 2010. That's 12 years, possibly a few more. Netflix is the OG pioneer of mass streaming movies, TV and self created content. It's of no shock to anyone, almost anyone that is, they would have a far bigger user base and therefore be producing significantly more content.
"Apple will never catch up to Netflix". Well it is unlikely. Netflix (see above) has a massive subscriber base before ATV+ was even introduced. However, what is possible is Netflix slows down or even catches down to other streaming services, possibly ATV+ depending on where Apple goes with it. ATV+ is not currently going for the masses. Why I am not sure but that what it is right now. If they were going for the masses they would have bought some sort of catalog.
The streaming space is now extremely competitive. Services are mostly, and purposefully, losing money to gain subscribers. The pressure on the top and bottom line of Netflix continues to grow. A streaming company is going against the bigs who have a number of revenue streams. Companies that have hugely more cash flow than Netflix are hungry for subscribers. Can Netflix stay on top? Sure. Will it be a battle for Netflix to hang on and stay profitable? Extremely so.
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