Netflix's Path To Streaming Supremacy

Netflix’s

Netflix surpassed market expectations this week by adding 7.4 million new subscribers between January and March, bringing its total to 125 million paying subscribers globally. Its rapid growth has outpaced competitors like Amazon and Hulu as Netflix continuously expands its content library.

However, with a formidable new rival on the horizon, can Netflix maintain its momentum?

When House of Cards, featuring Kevin Spacey and Robin Wright, premiered in 2013, it revolutionized television. Major networks such as HBO, Showtime, and AMC had passed on the series, but Netflix, armed with extensive user data, recognized its potential and seized the opportunity.

People say on average viewers spend 5 hours a week on Hulu and Amazon and 10 hours a week on Netflix. “They just continue to have just massive fuel in their tank,” he says. “They have just a competitive moat that is widening.”