weeks - 1:35 pm on Apr 26, 2011 (gmt 0)
I don't think Google is going to get this market without a fight, Bryan. Netflix reportedly added 3.3 million subscribers in the United States in three months’ time. This is from today's NYT:
But, yeah. Good luck to Netflix. They are going to need it. It's going to be a battle. But, they know it...
So far, Netflix is the only major player in the online-only video subscription business, but others are playing catch-up. Some cable and satellite operators are bragging about their own video streaming options: last week, for instance, when the Dish Network introduced HBO’s streaming service, HBO Go, it promoted movies that were “not offered by Netflix’s online service.” HBO Go requires an existing subscription to HBO through a cable or satellite operator, so Netflix does not consider it a direct competitor.
Netflix wrote to shareholders on Monday, “Our competitive strategy relative to other streaming services is simply to grow as fast as we can, so we can afford more content, more marketing, and more R&D than our competitors.”