What Is Going To Replace Netflix?
Now that most of Netflix's revenues are generated via digital distribution, new rivals have entered the field, including Amazon Prime and Hulu, as well as entry-by-traditional television media such as HBO and CBS.
Is Netflix on a decline?
Despite the jump, Netflix shares are still down nearly 65% for the year (compared with the S&P 500's 18% dip), a slump that's wiped out roughly $70 billion of the streamer's market capitalization and prompted shareholders to file a lawsuit alleging that the company misled investors about declining subscriber growth.
Netflix Loses 1 Million Subscribers in Second Quarter - TIME
What company will overtake Netflix?
3 Streaming Stocks Not Named Netflix That Can Soar
3 Streaming Stocks Not Named Netflix That Can Soar - Investopedia