netflix-alternatives

Netflix Alternatives

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Netflix alternatives comprise platforms like Amazon Prime Video, Hulu, Disney+, and HBO Max offering a variety of movies and TV shows. It also comprises video-on-demand platforms such as iTunes, Amazon Prime Video, Google Play Movies & TV, and Vudu for renting or purchasing content. And live TV streaming services like YouTube TV, Hulu + Live TV, Sling TV, and fuboTV for live channels and on-demand content.

AlternativeKey FeaturesCore Strengths
Amazon Prime Video1. Wide Content Library: Offers a vast library of movies and TV shows. 2. Original Content: Produces exclusive original series and movies. 3. Prime Membership: Bundled with Amazon Prime membership.– Extensive content library with a wide range of genres. – Exclusive original content like “The Marvelous Mrs. Maisel” and “The Boys.” – Comes bundled with Amazon Prime for additional benefits.
Hulu1. Current TV Shows: Offers episodes of current TV shows shortly after airing. 2. Streaming Plans: Provides various plans with ads or ad-free options. 3. Live TV: Offers live TV streaming.– Ideal for viewers who want to catch up on current TV episodes. – Multiple streaming plans, including ad-free options. – Live TV streaming for sports and news.
Disney+1. Disney Content: Features Disney, Pixar, Marvel, Star Wars, and National Geographic content. 2. Family-Friendly: Suitable for all ages. 3. Originals: Offers exclusive Disney+ original series and movies.– Comprehensive library of Disney-related content. – Family-friendly content suitable for all ages. – Exclusive Disney+ original series and movies like “The Mandalorian” and “WandaVision.”
HBO Max1. HBO Shows: Access to HBO’s library of original shows and documentaries. 2. Warner Bros. Movies: Offers Warner Bros. movie releases. 3. Originals: Produces exclusive HBO Max original content.– Access to acclaimed HBO shows like “Game of Thrones” and “Westworld.” – Includes Warner Bros. movie releases. – Exclusive HBO Max original series and movies.
Apple TV+1. Originals: Features exclusive original content produced by Apple. 2. No Ads: Ad-free streaming. 3. Family Sharing: Allows sharing with family members.– Exclusive Apple TV+ original series and movies like “The Morning Show” and “Ted Lasso.” – Ad-free streaming experience. – Family sharing option for up to six family members.
Peacock1. NBCUniversal Content: Offers NBCUniversal shows and movies. 2. Free Tier: Provides a free streaming option with ads. 3. Originals: Includes Peacock original content.– Access to NBCUniversal’s extensive library of shows and movies. – Free streaming tier available with ads. – Exclusive Peacock original series like “Brave New World” and “Saved by the Bell.”
Crave1. Canadian Content: Focuses on Canadian and international content. 2. HBO Access: Provides access to HBO content. 3. Additional Channels: Offers additional content from networks like Showtime.– Ideal for Canadian viewers with a focus on local content. – Access to HBO content, including popular shows. – Additional channels and content options.
Paramount+1. CBS and ViacomCBS Content: Features content from CBS, Nickelodeon, MTV, and more. 2. Live TV: Offers live TV streaming. 3. Originals: Produces exclusive Paramount+ original content.– Access to a wide range of CBS and ViacomCBS content. – Live TV streaming for sports and news. – Exclusive Paramount+ original series like “Star Trek: Picard” and “The Good Fight.”
Discovery+1. Discovery Content: Features content from Discovery, HGTV, Food Network, and more. 2. Originals: Offers exclusive original series. 3. Non-Fiction: Focuses on non-fiction and reality content.– Access to popular content from Discovery network channels. – Exclusive original series. – Focuses on non-fiction and reality content.
Tubi1. Free Streaming: Offers a wide selection of movies and TV shows for free with ads. 2. No Subscription: No subscription required. 3. Variety of Genres: Includes a variety of genres and categories.– Provides free streaming with a vast library of content. – No subscription or payment required. – Offers a diverse range of genres and categories.

Streaming Platforms:

  • Amazon Prime Video – A streaming service with a wide range of movies and TV shows.
  • Hulu – A subscription-based streaming platform for movies and TV shows.
  • Disney+ – A streaming service with content from Disney, Pixar, Marvel, and more.
  • HBO Max – A streaming platform featuring HBO original series and movies.

Video-on-Demand Platforms:

  • Amazon Prime Video – A video-on-demand service for renting or purchasing movies and shows.
  • iTunes – An online store for renting or buying movies, TV shows, and more.
  • Google Play Movies & TV – A platform for renting or buying movies and TV shows.
  • Vudu – An online platform for renting or buying movies and TV shows.

Live TV Streaming Services:

  • YouTube TV – A live TV streaming service with popular cable channels.
  • Hulu + Live TV – A subscription service offering live TV channels and on-demand content.
  • Sling TV – A streaming service providing live TV channels and on-demand content.
  • fuboTV – A sports-focused streaming platform with live TV channels.

 

More on Netflix Business Model

Netflix Business Model

netflix-business-model
Netflix is a subscription-based business model making money with three simple plans: basic, standard, and premium, giving access to stream series, movies, and shows. Leveraging on a streaming platform, Netflix generated over $33.7 billion in 2023, with an operating income of over $6.95 billion and a net income of over $5.4 billion. Starting in 2013, Netflix started to develop its content under the Netflix Originals brand, which today represents the most important strategic asset for the company that, in 2023, counted over 260 million paying members worldwide.

Binge-Watching

binge-watching
Binge-watching is the practice of watching TV series all at once. In a speech at the Edinburgh Television Festival in 2013, Kevin Spacey said: “If they want to binge then we should let them binge.” This new content format would be popularized by Netflix, launching its TV series all at once.

Coopetition

coopetition
Coopetition describes a recently modern phenomenon where organizations both compete and cooperate, which is also known as cooperative competition. A recent example is how the Netflix streaming platform has been among the major customers of Amazon AWS cloud infrastructure, while Amazon Prime has been among the competitors of the Netflix Prime content platform.

Platform Expansion Theory

netflix-market-expansion

Netflix SWOT Analysis

netflix-swot-analysis
Netflix is among the most popular streaming platforms, with a subscription-based business model. The brand, platform, and content are strengths. The volatility of content licensing and production are weaknesses. The streaming market is a potential blue ocean. The inability to attract and retain premium members and its fixed long-term costs threaten its business model.

Is Netflix Profitable

is-netflix-profitable
Netflix is a profitable company, with over $5.4 billion in net profits in 2023, an increase compared to nearly $4.5 billion in 2022.

Who Owns Netflix?

who-owns-netflix
Netflix’s largest individual shareholder is Reed Hastings, co-founder, and former CEO of the company, now Chairperson of Netflix, with a 1.76% stake, valued at over $4.5 billion as of January 2024. Other significant individual shareholders comprise Jay C. Hoag, the company’s directors since 1999, and Ted Sarandos, former chief content officer and now Chief Executive Officer of Netflix. Major institutional shareholders comprise The Vanguard Group (7.99% ownership), BlackRock (6.24% ownership), and FMR (5.35% ownership).

Netflix Employees

netflix-employees
By 2023 Netflix reported 13,000 employees, compared to 12,800 employees in 2022, and 11,300 employees in 2021.

Netflix Subscribers

netflix-subscribers
In 2023 Netflix had over 260 million paid subscribers. In 2022, Netflix had 230 million paid subscribers and almost 222 million paid subscribers in 2021.

Netflix Revenue

netflix-revenues
Netflix generated over $33.7 billion in revenue in 2023, compared to $31.6 billion in revenue in 2022,$29.7 billion in 2021 and $25 billion in 2020.

Netflix Yearly Average Revenue

Netflix Average Yearly Revenue Per Subscriber
Netflix reported an average yearly revenue per subscriber of $139.68 in 2023, compared to $141.12 in 2022. Thus, Netflix had an average revenue per subscriber of $120 in 2019 (pre-COVID) and $139.68 by 2023.

Netflix Average Monthly Revenue Breakdown

Netflix Average Monthly Revenue Per Subscriber Per Region
In 2023, Netflix reported an average monthly revenue per subscriber of $16.28 in the US & Canada, $10.87 in EMEA, $7.64 in APAC, and $8.66 in the LATAM region. Thus, the US & Canada reported the highest average monthly revenue per subscriber of $16.28.

Netflix Revenue By Country

Netflix Revenue By Country
Netflix had over 260 million subscribers in 2023, with over $33.7 billion in revenue, of which $14.87 billion came from the USA & Canada; $10.55 billion from EMEA, $4.44 billion from LATAM, and $3.76 billion from APAC.

Netflix Subscribers Per Region

netflix-subscribers-by-country
In 2023, Netflix had 80.3M US & Canada subscribers, EMEA 88.81M subscribers, LATAM 45.99M subscribers, and APAC 45.34M subscribers.

Disney vs. Netflix

disney-vs-netflix
In 2022, The Walt Disney Company’s total paid subscriber base was larger than Netlfix, with over 235 million paid members, compared with Netflix’s over 230 million members. However, Disney’s offering is fragmented among Disney+, ESPN+, and Hulu, compared with Netflix, which has a single offering.

Read Also: Netflix Business Model, Netflix Content Strategy, Netflix SWOT Analysis, Coopetition, Is Netflix Profitable.

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