Netflix (NASDAQ: NFLX) has been evolving its business over the years by adding live sports, podcasts, and even games.
Its subscriptions now offer a wider range of entertainment options, and they’ve proven superior to other streaming services, enabling the business to grow while also commanding strong profit margins
But its largest rivalry may still be in its early stages, and it’s one even my kids see coming. Netflix may be on a collision course with YouTube. Here’s why I think it’ll be far and away its biggest rival in five years.
Netflix has been adding content from popular creators In what appears to be a more concerted effort to attract traffic from YouTube, which is owned by Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL), Netflix has been adding content from creators such as Ms. Rachel, Mark Rober, and many others. The first season of Ms.