Fortnite Is Bigger Competition To Netflix Than Other Streaming Services, Says Netflix Report

This is obviously because Fortnite is on Switch, while Netflix is not.

Posted By | On 18th, Jan. 2019 Under News | Follow This Author @Pramath1605


Netflix

Netflix is the largest streaming service in the world, but even as competition for it appears to be heating up, with HBO, Amazon, and Hulu offering their own alternatives, and Disney and Warner Bros. priming to come up with their own, it seems like the media giant is more worried about video games. Well, one video game in particular.

In its earnings report that it published today, the company identified that it’s losing more customers to Fortnite than it is to HBO or Amazon. “We earn consumer screen time, both mobile and television, away from a very broad set of competitors,” the report’s section on competition reads. “We compete with (and lose to) Fortnite more than HBO.”

It makes sense, too—there are only so many hours in the day, and every hour spent playing Fortnite is an hour not spent on Netflix. Never before Fortnite has one singular game been as dominant or monolithically commanding of mass market interest either, which is why it makes sense that Fortnite is the first one to be singled out, too.

Of course, as well all know, the true reason that Netflix is losing to Fortnite is that Fortnite is available on the Nintendo Switch, while Netflix is, perplexingly enough, still not (though competing video streaming services are). You know what to do, Netflix.


Awesome Stuff that you might be interested in


Keep On Reading

 

Copyright © 2009-2018 GamingBolt.com. All Rights Reserved.