Beyond ballooning content and acquisition costs, fueled by costly debt, there are five additional obstacles that will challenge Netflix’s streaming dominance.
NBCUniversal, who competed against Disney for Fox, is planning to follow Disney’s lead in India with the purchase of Zee Entertainment.
Netflix lost subscribers in the United States for the first time in nearly a decade. The second quarter was also the worst quarter in terms of international additions that Netflix has posted in four years.
Netflix will lose its top two shows when Friends returns to WarnerMedia at the end of 2019, and The Office returns to NBCUniversal at the end of 2020.
To woo subscribers away from Netflix, Disney, AT&T, and Apple are spending big bucks to produce original series content.
Netflix expanded its global footprint with a ten-year lease at the U.K’s Shepperton Studios. The lease grants Netflix exclusive access to a majority of Shepperton including 14 sound stages.
Netflix solidified its position in Hollywood by recently taking the empty seat at the Motion Picture Association of America vacated when Disney acquired Fox.
Sky’s new owners, Comcast, will more than double its investment in European original programming for the new venture – Sky Studios.
Disney, Amazon Prime, and Netflix have pivoted to India, the world’s second largest market, after plans to launch and sustain services in the world’s most populous nation hit the Great Wall of China.
Recently, anonymous sources have reported to multiple news outlets about the difficulty Hollywood will face in attempting to take back its content from Netflix.