Netflix Faces Competition as Market Grows

Americans Love Affair With Netflix May Be Fading—Here's What It Can Do
– The Street

Manatt’s Hale Boggs, chair of the firm’s media, technology and advertising practice, was mentioned in an article for The Street on Netflix’s new challenges.

The publication discussed the rise of Hulu, HBO Now, YouTube TV and Amazon Prime. As these companies also provide several options and low prices for their services, Netflix faces losing its title as the dominant choice for customers.

“Now, we're seeing high quality content paid for by companies other than Hollywood studios—Facebook allocating a billion dollars to original content, Amazon creating Amazon Studios. Now these companies are as prominent, if not more prominent than the entrenched Hollywood studios,” said Boggs.

Read the article here