Greater Cost-Effectiveness Due to Large Subscriber Base
$Netflix(NFLX.US$ Netflix's ability to be more cost-effective than competitors only puts this snowball effect into overdrive. To explain why Netflix is more cost-effective than any of its competitors, the company's numerically unmatched 214 million subscriber base allows for any of its content to be seen by far more people. As such, every dollar Netflix spends on content will have far greater returns compared to competitors.
If, for instance, a smaller streaming service like Apple TV+ $Apple(AAPL.US$ were to produce Squid Game, the show would almost certainly be far less popular given their smaller reach. There is even a good possibility that the show would not have reached mainstream consciousness were it not for the Netflix platform. In fact, this hypothesis has already been proven true to some degree as Netflix has been known to take relatively unpopular shows like You, which was originally a fringe show on Lifetime, and transform them into viral sensations.
A virality of Squid Game was likely only possible due to the huge reach of Netflix.
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Mikey_Vibez : One month after "Squid Game" was broadcast, Netflix had 209 million members worldwide.
GROW sky : I don't own this stock.. I really should.. just missed it. However as a service its great my kids its all they watch when they watch anything... my wife and I find 3/4 series a year and thats all I need to justify the expense! Lifetime subscriber! Watch Maid..its good!
LarryCheungCFA GROW sky: I started buying I in 2016 around $85. I had watched it for a while and moved from the disc delivery (killing Blockbuster) format to streaming. The content has constantly improved over the years moving from 2nd rate movies to serious in-house development.
In 2018 I sold ($385) to buy a house and then it took a dive and I bought back in (@~$285). I've heard the naysayers here on SA and they have always been wrong. They keep improving the product and keep moving higher. I'm still long.
Now ask me about my miss on Amazon @$285! LOL
KPI Champion LarryCheungCFA: I always thought they were just a distributor of product and people would cut them off. I completely missed on the content thing we love netflix can't live without it! My amazon story is worse.. bought at 45.. sold at 450.......
KNJW KPI Champion: At least you had a 10 bagger on Amazon
Rollingling KNJW: Should have been 100.. I never ever sell stocks..and I sold this one .. the biggest winner LOL