Top Netflix Competitors & Similar Companies
Netflix was founded in August 1997 in Scotts Valley, California by Reed Hastings and Marc Randolph. It has headquarters in Los Gatos, California, USA and it is one of the leading video-on-demand streaming services with more than 200 million subscribers. Its initial model included selling of DVD and rental by mail.
In any business, there are several companies & brands which compete with each other by offering similar products & services.
For any company to thrive, it is not only important for them to improve their own products, but to also look at what their competitor is offering.
Quick Glance:
Below we look at the top 14 competitors of Netflix.
1. Amazon:
Having started its journey as online book seller, Amazon.com now can be called as global giant in online retail business. The founder of Amazon.com, Jeff Bezos attracted towards growth of internet reach in early 1990s and started this business in Seattle in 1995. Amazon is now a fortune five hundred company offering ecommerce, Prime Video, Amazon Music, AWS, Amazon Pay etc.
2. Walt Disney:
The Walt Disney Company which is commonly known as Disney is a multinational mass media and entertainment organization that has headquarter in Burbank, California. In terms of revenue, it is one of the largest media company, and it offers toys, media, streaming services like Disney+, resorts etc. Founded by two brothers Walt Disney and Ray O Disney in Oct 1923 as an animation company, it has diversified its work into theme parks, television and live action film production.
3. NBCUniversal:
NBCUniversal is an American conglomerate which is one of the prime leaders in the field of media. The company’s headquarter is in Comcast Building, New York. The company is mainly involved in the media mainly and is considered as one of the top networks in the USA.
4. Time Warner:
Time Warner is a media and entertainment business based in America. It was founded by Steve Ross in 1990 which happened with merger of Time Inc and Warner Communications. Time Warner is focused to provide high quality video content and incorporate new technologies to cater to the changing customer needs.
5. Comcast:
Comcast corporation is the giant in global media, which was founded by Ralph Roberts in 1963. It is an American global telecommunications company and the biggest in the world in the domain of broadcasting and cable television in terms of revenue. Also Comcast is the second largest Pay-Tv company in the world.
6. Sony:
Sony Corporation is a Japan based multinational group of companies bases in Tokyo. Sony was set up as an electronics store by Masaru Ibuka. It went to produce the first tape recorder.
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7. Warner Bros:
Warner Bros is a division of Time Warner and headquartered in Burbank, California. It is a member of MPAA [Motion Picture Association of America]. The founders were Harry Warner, Albert Warner, Sam Warner and Jack L Warner and the company name was originated based on names of founding brothers.
8. DirecTV:
DirecTV is an American direct broadcast satellite service provider. It is currently a subsidiary of AT&T. DirecTV provides television services to its subscribers through satellite transmissions.
9. CNN:
Cable News Network which is popularly known as CNN is an American news and information delivery company. It was established to run as a 24-hour news channel by its founder Ted Turner, is owned completely by the American entertainment conglomerate Time Warner. In the initial years, it faced a lot of competition from the already established American news Channels – ‘Big Three’ (NBC, CBS and ABC) but CNN successfully delivered several important news such as Gulf War, September 11 attacks before any other news channels and thus established a reputation for itself.
10. 21st Century Fox:
21st Century Fox, Inc is a globally celebrated name in the media industry. Earlier the company was famous as News Corporation. The company is one of the big-names of the world’s leading entertainment firms.
11. Hulu:
Hulu is a Walt Disney owned online streaming app which has more than 40 million subscribers worldwide. The service was launched in the year 2007 and also has minority stake from NBCUniversal. Hulu has its services active in USA as well as Japan.
12. Apple:
Apple Inc, multinational technological company with its headquartered in Cupertino, California. The company is involved in developing and designing hardware products such as iPhones, iPads, Mac along with software development and online services. Its software includes IOS operating system and one of the famous web browsers – Safari.
13. Youtube:
Youtube is one of the biggest competitors of Netflix.
14. Sky:
Sky UK Limited is a telecommunication company. The firm operates in the United Kingdom. In the past, the company was known as British Sky Broadcasting (BSkyB).
To conclude, the above article highlights the various competitors which compete with Netflix. This understanding helps to evaluate the various external business factors for any company.
Browse analysis of more brands and companies similar to Netflix. This section covers many brands and companies.
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The names and other brand information used in the Competitors section are properties of their respective companies. The companies are not associated with MBA Skool in any way.
