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Okay, to be fair, I actually didnt seethatmuch freaking out among media or Wall Street types.
The company pushed back on that Tuesday, blaming its slowdown on the rona.
And what about the notion that Netflixs newbie competitors are starting to steal its thunder?
Founder and co-CEO Reed Hastings argued thats not happening, at least not yet.
Of course were wondering, Well, wait a second, are we sure its not competition?
Because obviously theres a lot, he said.
But Hastings insisted Netflix research shows otherwise.
And we just cant see any difference in our relative growth in those regions, he said.
I mean, weve been competing with Amazon Prime for 13 years, with Hulu for 14 years.
Its always been very competitive with linear TV, too.
So theres no real change that we can detect in the competitive environment.
Its always been high and remains high.
Now, Hastings logic is a bit off there, in my opinion.
Plus, dont forget aboutlast falls price hikes.
Neither price nor competition are irrelevant, even for a force as mighty as Netflix.
Co-CEO Ted Sarandos has also been careful not to get too comfortable on the programming front.
Streaming has replaced linear TV, and arguably movies, as our dominant form of entertainment.
Netflix is still the biggest brand in the space, by far.
I dont know if Netflix can remain No.
1 as long as CBS did.
I also think recent history is worth remembering.
Its not inevitable Netflix will always be okay.
For now, its still doingjust fine.
), and the latest update on how its doing suggests continued slow and steady growth.
Thats pretty impressive for a service which has been around in some form or another for 50 years!
Its still not saying how much it will cost.
Stuff like that can get overlooked when youre scrolling through the hundreds of titles on Hulu or HBO Max.
On Shudder, much more stands out.
And as you would imagine, thats helpful on churn.
You cancheck out my full interview with the trio over here.
you could read my full rundown of the deets on Apples contenderhere.
Hulus Your Daddy?
(This one stars Hilary Duff.)
If you want therealstory about what happened, you dont have to …wait for it.
you’ve got the option to just readmy 2014 Vulture investigationinto the matter.
