YouTube Vs Netflix
I believe Netflix’s biggest competitor is YouTube and also YouTube is beating Netflix at its game.
Netflix pays millions of dollars to the creators to create original content and then earns money through subscriptions that it earns through people around the world, whereas YouTube pays absolutely zero dollars for content creation and it earns through ads revenue and then pays creators based on views that too demographically revised. If I look at the number of users on Netflix and their growth in subscription —
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Copied from Statista.com
Netflix Users
Netflix had approximately 221.64 million paid subscribers worldwide as of the first quarter of 2022. This marks a decline of around 200,000 subscribers compared with previous quarter. Most Netflix subscribers are based in the United States and Canada, with the U.S. and Canada accounting for over 75 million of Netflix’s total global subscriber base.
While the popularity of Netflix’s streaming service has been increasing, the company’s DVD section has declined. At the end of 2019, there were just 2.15 million…
