Wednesday, April 17, 2019

As Netflix Contends With More Rivals, Hulu Stands Out | NYT

Check the full article for a detailed Netflix/Hulu comparison
"Amazon, AT&T, Apple and the Walt Disney Company have spent billions to create or bolster their own streaming networks to take on the giant in the field. Some, like Apple and Amazon, are meant to be aggregators — selling both original content and offering shows from channels like HBO — making them similar to traditional cable providers. Others, like AT&T and Disney, have positioned themselves as services that sell only their content — for now.

But Netflix remains the industry leader. The company has come a long way since its early days of mailing off DVDs in red envelopes. It added 7.8 million new customers through the end of March, according to the first-quarter report it issued on Tuesday, for a total of 148 million across the globe, with 60 million in the United States. Its subscriber growth has slowed, however, more in the United States than elsewhere, partly because of price increases and stiffening competition. The streaming service booked $344 million in profit on $4.5 billion in sales in the quarter ending in March.

For the moment, though, Netflix is soundly beating its streaming rivals — in subscribers, viewing time and library of content. But one is closer than the others: Hulu."
As Netflix Contends With More Rivals, Hulu Stands Out | NYT

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