Netflix, YouTube and Tubi Are Reasons for Optimism in Hollywood ...

While cord-cutting has stabilized during the pandemic, pay TV services are still being replaced by over-the-top streaming apps, which require strong broadband connections.

Which partly explains why Netflix CEO Reed Hastings has been widely quoted as saying that he’s more concerned with the competitive risk of massively networked, interactive experiences like Epic Games’s Fortnite than Hulu or HBO Max or any other traditional broadcaster.

Netflix was the biggest source of Web traffic in the United States, despite losing all those customers during the Qwikster crisis. Through its streaming video service, it accounts for a massive chunk of all Internet traffic in the United States, at roughly 20 percent. Consider that the next time someone tells you the cloud isn’t for big enterprises

... See more