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Thursday 12 October 2017

Once Dominant, Netflix Faces An Increasing Number Of Video Challengers

Source: kios.org --- Wednesday, October 11, 2017
Apple is about to close a deal with director Steven Spielberg to revive his Emmy award-winning series Amazing Stories for Apple TV. With it, Apple is entering a world in which Netflix has been a leader. But now, new competitors to Netflix are emerging at a surprising speed. It was just 2013 when Netflix's House of Cards staring Kevin Spacey was the breakthrough in streaming TV. It was the first online-only series to get nominated for major Emmys. But at this year's Emmys, The Handmaid's Tale , produced by Hulu, beat out House of Cards and became the first streaming TV series to win the Emmy for best drama. A year earlier, Netflix barely had to think about Hulu. Now, it's one of a growing list of competitors, says Mark Suster, who invests in video. "You not only have Amazon, but you increasingly are gonna have Spotify, and you have Apple and you have Comcast," he says. "There are so many people that will be moving into this space." This means a lot more content to watch for viewers and ...



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