There's a Chance Netflix Will Lose 20% of Its Content Soon
It feels like a new streaming service is being announced at least monthly. Isn’t it ironic that people started using streaming services so that they could pay less for cable and now there are so many we’re having to get that it removes that reason?
While Disney prepares to launch Disney+, AT&T/Time Warner works to launch their own streaming service(possibly by the end of the year), and NBCUniversal starts creating one, Netflix is put into a predicament. As more companies start their own services, they will pull their content from other services like Netflix. This forces Netflix to make their own content which in turn results in higher prices.
The real hard hitter is that if all the aforementioned companies pull their content, Ampere Analysis (via CB) says that Netflix will lose about 20% of its content library. That’s a lot. Especially considering that many people keep Netflix so that they can re-watch some of their favorite shows that aren’t Netflix Originals.
Of course, there is the chance that Netflix will be able to keep some of the content from these companies by paying more, much like it did for Friends, but once again, those costs will be passed to us, the consumers.
Will Netflix end up losing that much of its content?