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Originally Posted by OLD BOY
That is the reason why Netflix has been investing so heavily in original content. I don't see Netflix audiences collapsing any time soon!
I agree that some people find Netflix useful for old TV series, and indeed, some of those do attract large numbers. However, as long as Netflix keep expanding their content until it reaches the desired numbers, I believe that the number of subscribers will continue to increase for the foreseeable future.
We did not see a reduction in audience when their biggest competitor, Amazon, came on the scene, and the new streamers that will come in over the next few years I believe will be the second or third choice for most.
Rumours of the impending demise of Netflix are a little premature, if you ask me!
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Nobody is predicting the demise of Netflix more the numbers signing up could slow.
With lots of third party content gone Netflix will be forced to increase its Original spend even further and it will be the subscriber who foots that increase so expect further increases in monthly subscriptions.
Comcast (NBCUniversal) , Disney and Warner will soon enter the market all of which have huge content libraries of both TV Shows and movies this will also add pressures to the Netflix numbers.
Netflix isn't going anywhere but it's certainly won't find it as easy going forward attracting the vast numbers of new subscribers it currently does.