Prediction: In 5 Years, This Will Be Netflix's Biggest Rival
Netflix has been broadening its content, as it may already be bracing for a battle with a big tech giant in the near future.
Overview
Netflix (NASDAQ: NFLX) has been evolving its business over the years by adding live sports, podcasts, and even games. Its subscriptions now offer a wider range of entertainment options, and they've proven superior to other streaming services, enabling the business to grow while also commanding strong profit margins.
But its largest rivalry may still be in its early stages, and it's one even my kids see coming. Netflix may be on a collision course with YouTube. Here's why I think it'll be far and away its biggest rival in five years.
Image source: Netflix.
Details
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Originally published at www.fool.com.
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