YouTube is the one Netflix should be afraid of.
People talk about the proliferation of streaming services like Disney+ and HBO Max competing with Netflix (NFLX 1.74%), but the real threat is from a completely different business. Alphabet's (GOOG -1.96%) (GOOGL -1.97%) YouTube generates more revenue than Netflix and benefits from users generating content for the platform. Travis Hoium explains the threat in the video below.
*Stock prices used were end-of-day prices of March 27, 2023. The video was published on March 29, 2023.
Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet, Netflix, and Warner Bros. Discovery. The Motley Fool recommends Comcast. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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