Just a few years ago, Netflix was the undisputed king of streaming with no legitimate competition to speak of. Fast forward to 2021 and the streaming landscape is markedly different and much more competitive. While Netflix is still a streaming juggernaut, it now faces increased competition on several fronts. Aside from stalwarts like Hulu and Amazon Prime, Netflix these days also has to contend with rival and increasingly popular services like Disney+ and HBO Max.
It's no secret that Netflix's streaming strategy has long been to focus on original content, especially now that the licensing deals it had for popular shows like Friends and The Office have expired. And as Netflix Chief Content Officer Ted Sarandos famously said a few years ago, Netflix's goal "is to become HBO faster than HBO can become us."
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Netflix finally fixed its only real disadvantage in the streaming wars originally appeared on BGR.com on Mon, 26 Apr 2021 at 09:00:12 EDT. Please see our terms for use of feeds.
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