Studios don't want to license content to Netflix now that they are direct competitors, so Netflix has fewer and fewer movies and shows that they didn't produce themselves. And they want to spend as little as possible on producing their own content.
That way they make as much profit from the subscriptions as they can.
2. Reducing the value of competitors.
They are competing for user time. They want you to spend as many minutes as possible on Netflix because any minute not spent their is a minute you might be spending on Hulu or Apple TV. At the end of the month when you decide that you can't afford that many streaming services and decide to cut one, you'll pick based on which one you use the most. They don't want that to be the other guy.
1. Cutting costs on the other side.
Studios don't want to license content to Netflix now that they are direct competitors, so Netflix has fewer and fewer movies and shows that they didn't produce themselves. And they want to spend as little as possible on producing their own content.
That way they make as much profit from the subscriptions as they can.
2. Reducing the value of competitors.
They are competing for user time. They want you to spend as many minutes as possible on Netflix because any minute not spent their is a minute you might be spending on Hulu or Apple TV. At the end of the month when you decide that you can't afford that many streaming services and decide to cut one, you'll pick based on which one you use the most. They don't want that to be the other guy.