Netflix opens up a huge lead in the streaming wars
Future. In the past year and a half, many of the biggest media companies have launched their own streaming services. So far, none of them have even come close to achieving Netflix’s streaming success. As Netflix continues to outpace its rivals in the markets and in the court of public opinion the question is: Can anyone catch Netflix?
Everybody has been gunning for Netflix
Nearly 1 and ½ years ago, Disney became the first major media giant to come after Netflix when it launched its streaming service, Disney+. Since then, multiple massive media companies have thrown their hats into the ring with their own streaming services:
- AT&T launched HBO Max.
- Comcast NBCUniversal launched Peacock.
- ViacomCBS launched Paramount+.
- Discovery launched Discovery+.
- AMC Networks launched AMC+.
But Netflix has outstreamed all its competition
Since the launch of Disney+, Netflix stock has increased by 87% compared to Disney’s 35% increase. And the parent companies of other streaming services have fared even worse:
- Netflix stock has increased 87% since last November.
- Disney stock has increased 35%.
- AMC stock has increased 30%.
- Comcast stock has increased 22%.
- Discovery stock has increased 21%.
- Viacom stock has increased 4%.
- AT&T stock has decreased 24%.
And Netflix isn’t just leading the rest of the pack financially; In a recent survey, a plurality of viewers — more than 3x as many as the nearest competitor — reported that they believed Netflix has the best original content of all the streaming services.