In buying MGM, Amazon is clearly demonstrating its ambition to dethrone Netflix and the race for the top spot in the video-on-demand market has never been tighter.
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In the war to secure exclusive content, the ability to invest in the acquisition or production of original content has become crucial ammunition.
Netflix faces many new challengers in the subscription-based video streaming market.
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Netflix has added millions more subscribers as people practice social isolation to control the coronavirus. But service’s diverse menu of content is not an efficient business model.
Apple TV Plus has focused on recruiting big names for its shows.
AP Photo/Tony Avelar
Although some have dubbed the flurry of new video services coming out as a ‘streaming war,’ the reality is very different.
Beat Dis.
DANIEL CONSTANTE
Giants like Disney and NBCUniversal have been locked in the horns of a business problem known as the innovator’s dilemma.