Blog #9
ARTICLE #1: https://www.fool.com/investing/2019/01/13/3-numbers-that-prove-netflix-is-dominating-hollywo.aspx
Netflix, an app that makes your living room into a movie theater. And for merely 10$ a month, the price of most movie tickets, who can resist. The fact that a streaming service creates original content, and buys other programming that dies out, is incredible. But even more incredible, is that it is dominating, services like Hulu and Prime Video. Netflix, grossing over a billion in sales, while Hulu is still in the millions. Will another service ever compete?
ARTICLE #2: https://www.cnn.com/videos/business/2019/01/11/netflix-challenges-disney-warnermedia-apple-orig.cnn-business
While this is a video and not technically an article, there wasn't an article I could find that really hit the point of the domination of Netflix, and potentially getting a piece of the market is essentially a money printing machine. The idea of Disney, who dominate theaters and previously dominated DVD sales have potential to really take a bite out of Netflix.
Netflix, an app that makes your living room into a movie theater. And for merely 10$ a month, the price of most movie tickets, who can resist. The fact that a streaming service creates original content, and buys other programming that dies out, is incredible. But even more incredible, is that it is dominating, services like Hulu and Prime Video. Netflix, grossing over a billion in sales, while Hulu is still in the millions. Will another service ever compete?
ARTICLE #2: https://www.cnn.com/videos/business/2019/01/11/netflix-challenges-disney-warnermedia-apple-orig.cnn-business
While this is a video and not technically an article, there wasn't an article I could find that really hit the point of the domination of Netflix, and potentially getting a piece of the market is essentially a money printing machine. The idea of Disney, who dominate theaters and previously dominated DVD sales have potential to really take a bite out of Netflix.
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