One of the biggest reasons people decide to cut the cord with cable providers is cost. Although cable companies offer consumers a variety of different packages, the costs associated with traditional television services can be hard to justify if you only watch a limited number of channels. Given this dynamic, streaming services ballooned in popularity over the last several years.

Streaming content is offered by a host of different companies. For example, media conglomerate Disney has its own services through Disney+ and Hulu, while broadcasters such as Comcast are looking to get in on the action by offering its own streaming channel, Peacock. Even big tech enterprises including Apple, , and Amazon offer streaming services as well.

Although the competition is no doubt intense, one company may be emerging as the clear-cut winner of the streaming wars. Netflix (NASDAQ: NFLX) is an early pioneer of streaming, and is the home of worldwide sensational content, including titles such as Stranger Things and The Queen's Gambit.

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Source Fool.com