5 Companies That Can Eat Netflix's Lunch
Netflix (NASDAQ: NFLX) appears to be on top of the world. It had nearly 104 million streaming subscribers worldwide at the end of June, and continues to widen the gap on the distant competition with every passing quarter.
It's good to be the king, and for Netflix, the economies of scale seem to offer a pretty impenetrable moat. Will anyone ever close in on a nine-figure digital paying audience? Can anyone take on the $15.7 billion in streaming content obligations that Netflix has without a similar-sized audience? Unfortunately for Netflix, a plethora of hungry and, in some cases, smart companies don't need to reign supreme to disrupt Netflix's dominance. Amazon.com (NASDAQ: AMZN), Roku (NASDAQ: ROKU), CBS (NYSE: CBS), Time Warner (NYSE: TWX), and even Disney (NYSE: DIS) can all prove to be a thorn in the side of the streaming entertainment leader, and that's just talking about publicly traded stateside players. Let's go over a few companies that can eat into Netflix's numbers.
Image source: Netflix.
Source: Fool.com
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