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2021-05-27

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Why Amazon's MGM Deal Is Bad for Netflix

The streamer will need to fight for every subscriber it can.

Why Amazon's MGM Deal Is Bad for Netflix

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Though Netflix is often still considered to be <a href=\"https://laohu8.com/S/AONE\">one</a> of the default options, Benchmark analyst Matthew Harrigan just told investors in a research note the \"global video streaming playing field is looking ever less unipolar\" around Netflix, and rival services will be seen as much more competitive.</p><p>He's not alone. Truist analyst Matthew Thornton says Amazon's Prime Video is now \"more formidable,\" though he only sees it as \"modestly negative\" for Netflix and <b>Walt Disney</b>, and Piper Sandler analyst Thomas Champion said he believes it \"may be a bigger issue\" for the two.</p><p>The deal gives Amazon much greater access to quality content and could lead Netflix to lose more content. 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