netflix streaming competition

You know that phenomenon when something becomes so widely used that it becomes the verb for that thing? Oh, let me Google that. Take this Kleenex. Throw that in the dumpster (yes, “Dumpster” used to be a brand). Netflix was well on its way to becoming that thing for streaming, with the cheeky “Netflix and chill” even becoming a commonly used phrase. But it may lose that chance with the influx of new streaming competitors like Disney+, HBO Max, and Peacock, and of course, its old competitors Hulu and Amazon Prime. It’s unquestionable that Netflix is the No. 1 streaming service in the world right now. But can it hold onto that title for much longer? A new report which suggests that Netflix has begun to lose ground in these ongoing streaming wars.

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