Transcript: Netflix No Longer Controls the Streaming Story (TSP Insights)
In this TSP Insights episode of The Startup Project, host Nataraj Sindam analyzes the major shift in the streaming wars. Discover why Netflix no longer controls the narrative and how companies are now judged on profitability and content quality, not just growth. This transcript explores the new rules for media companies in the competitive streaming landscape.
2022-12-07
I think Netflix for long dictated what other media companies operated. Like they said the story of what is going to happen, right? And I think what changed was that now, okay, everyone is playing with the same rules, because for a while there in the middle, Netflix was playing with their own rule of, hey, we are not going to be profitable. We are focusing on growth, sort of what Amazon did for 20 plus years. Netflix got to dictate Wall Street, like this is our story. We're going to spend this much and that sort of put pressure in Disney's of the world and the HBOs of the world and they had to play this game of like we have to get into streaming. We have to spend 10 plus billion dollars on creating new content even though they're creating content all the time. Um, and I feel like that story has shifted now. Now, can you create quality content? Can you create quality content like a HBO Max or, I think the story has shifted from Netflix's hands to everyone's hands. Like we are now going to judge you as a traditional media company rather than a growing tech stock. I think that's what uh changed.