New Data Shows Netflix Doesn’t Need to Worry About Competition

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Netflix (NASDAQ: NFLX) gained a lot of new competitors over the last 15 months or so, and there are still more coming. A lot was made over the potential subscriber loss Netflix could face as low-cost competition stole subscribers away from the market leader.

It turns out that didn’t happen. People just started spending more on streaming.

Image source: Getty Images.

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