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Netflix competitors in streaming are small and mostly unprofitable.
a. True
b. False

1 Answer

4 votes

Final answer:

False, there are streaming competitors to Netflix that are profitable.

Step-by-step explanation:

The statement that Netflix competitors in streaming are small and mostly unprofitable is False. In the more than two decades since Netflix was founded, there have been several competitors in the streaming industry that have gained significant market share and become profitable. While Netflix faces competition from platforms like Amazon Prime, Hulu, and Redbox, these competitors have been able to establish themselves in the market and generate profits.

answered
User Kartheek Palepu
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