Streaming platform expected to surpass Netflix soon

The biggest streaming service in users should also become the biggest in revenue. Thus, Youtube tends to surpass Netflix in this last aspect. However, the collection of Netflix still puts her at the top of the podium in revenue.

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Youtube is on the rise

Bloomberg has shown YouTube's revenue growth on a chart. Statistically, the platform should take first place soon.

According to the data, YouTube accumulated approximately $7 billion through ads in the last quarter. This number represents an incredible 84% growth compared to the same period in 2020.

If the comparison also uses data for 2019, the growth is twice that of that year. Therefore, the data suggest that the consumption of streaming content increased with the arrival of the pandemic.

The Bloomberg chart makes the difference between the two platforms quite clear. Youtube's ad revenue model is expected to outperform Netflix subscribers.

Platform is still #1 in series and movies

Until that day arrives, Netflix remains the biggest movie and TV series platform. As with Youtube, Netflix subscriptions have grown with the pandemic.

However, in the North American market, the company noticed a decline in the number of subscribers in 2021. It was the first drop seen by the company since the end of 2019, at least.

However, anyone who thinks that Netflix will just watch the growth of competitors is mistaken. The company has already announced that it should enter the electronic games market.

Netflix should initially operate in the market for mobile games. It is still not known for sure what the service or product to be offered will be. It is speculated that in addition to game production, the platform releases a streaming option just for gamers.

New partnerships and content should emerge from this Netflix initiative. Despite the competition getting even fiercer, the public should win with the news that comes ahead.