Dear writer,
Kindly read everything i wrote here. Read and understand the case I’ve attached, it’s 5 pages. It’s a group project and my part in the group only introduction and problem descriiption.
Please copy my style in writing as it is easy to understand, simple language, smooth flow, and connected. About the references only use open and available to everyone sources and put the link (I don’t have a specific minimum of sources but two-three or 4 are reasonable)
The intro should be short and grabbing, our main focus is on the problem descriiption, we need to put the problems each with its challenge (please put subtitles for problem and challenge so it’s easier for the reader). I’m really struggling with identifying the problems, I initially said that hey Netflix isn’t experienced in producing movies and series as competitors like HBO or Disney but idk that could be only my opinion i’ve not collected any evidence, another thing is the license it’s now less than before. also i found this online highlighting Netflix challenges, which could help you brainstorming:
1. Increased competition: Over the years, many competitors have entered the streaming market, offering compelling alternatives to Netflix. Companies like Amazon Video, Disney+, Hulu, and HBO Max have gained traction with their own exclusive content and bundled services, challenging Netflix’s dominance.
2. Fragmentation of content: As content creators and media companies launch their streaming platforms, they are increasingly pulling their content from Netflix to create exclusivity on their own platforms. This fragmentation reduces Netflix’s library and potentially weakens its appeal to subscribers.
3. Rising costs and debt: Netflix has been spending heavily on original content production, which has led to a substantial increase in its debt. As competition intensifies, maintaining a diverse and high-quality content portfolio becomes more expensive, putting pressure on Netflix’s financials.
4. Pricing pressure: With more streaming options available to consumers, price sensitivity becomes a factor. Competitors offering bundled services or lower subscriiption costs could attract price-conscious consumers away from Netflix.
Please feel free to inquire on anything you need.
Best of luck writer!
Leave a Reply