The Streaming Crisis No One Is Talking About
With the debut of its streaming service in 2007, Netflix (NASDAQ: NFLX) caused a paradigm shift in the way viewers watch entertainment. Since then, the field has become cluttered with competitors. Amazon.com's (NASDAQ: AMZN) Prime Video and Disney (NYSE: DIS)-controlled Hulu are just the two most well known examples -- and there are more on the way.
In late 2019, Disney debuted its flagship Disney+ service and the stock immediately soared to new all-time highs as signups surged to 10 million within just one day after its release (including those who committed early). Apple (NASDAQ: AAPL) recently introduced Apple TV+, and Comcast and AT&T's (NYSE: T) HBO said they would launch Peacock and HBO Max, respectively, in early 2020.
With many of the biggest names represented, it's surprising that almost no one is talking about the billions of dollars streaming services are forfeiting as the result of password sharing.
Source Fool.com
