Entertainment
Netflix says ‘Fortnite’ is bigger competition than HBO
Netflix is losing customers, to Fortnite and not to HBO.
The company said in a letter to investors Thursday that “Fortnite,” the popular video game, is stealing more streams than HBO. Netflix said in the letter. “There are thousands of competitors in this highly fragmented market vying to entertain consumers and low barriers to entry for those great experiences.”
Netflix only mentioned HBO as a competitor in that part of the letter. There was no mention of Hulu or Amazon Prime, which are often believed to be main competitors to Netflix. Netflix added it’s not worried about traditional TV or movie programming services.
Netflix isn’t concerned about Disney Plus or Amazon right now. Rather, the company hopes to improve its customer experience. Netflix’s revenue hit $16 billion in 2018. The company said it owns 10 percent of television screen time in the U.S.
Ibri Industrial City Localises Two Projects Worth RO2M in 2025
VIDEO: Al Khamayil Oman Scales Up Production with New Rusail Facility
Cadillac Enhances Ramadan Ownership Value With Premium Benefits Package
CONNECT and OCEC Partnership Strengthens Oman’s Position as a Global Events Destination
Exclusive: Inside Oman’s Evolving MSME Finance Ecosystem – An Interview with Hussain Al Lawati, CEO, Development Bank
Middle East Tensions Heighten Risks to Strait of Hormuz, Raising Uncertainty for Global Oil Markets
Air India Express Announces ‘Payday Sale’; Offers Lowest Fares Across Domestic & International Network
OER, February 26
Al-iktisaad, February 26
ANALYSIS: Oil Near Seven-Month Highs Amid US, Iran Tensions
Power And Beyond: The Path To A Low-carbon Future
Al Mouj Muscat unveils Ghadeer Villas
Time to Buy Saudi Stocks? Some Investors Look at Dubai Instead
Renewables are booming, but not fast enough to cap greenhouse emissions
Retail Abu Dhabi’s ‘Unbox Amazing’ generates sales of more than AED 2 billion in participating stores
Hospitality Industry in Oman Estimated 90% Growth in 2022
Saudis Sign Deals From Energy to Metals in Bid to Salvage Forum
Saudi Arabia’s Gold Miner Plans to Be a Global Top-20 Supplier
Technology to drive Sultanate’s downstream industry
Digitization and Logistics Service Providers Can Help SMEs Make the Most of Peak Season Retail Trends
VIDEO: Robert MacLean on how NHI is Shaping Oman’s Next Generation of Hospitality Leaders
The Future of Oman: Decoding The Sultanate of Oman’s Strategic Promotional Nation Brand
EXCLUSIVE: AI, Robotics & Wearable Sensors are Changing the Lives of Dementia Patients
EXCLUSIVE: Talking Renewable Projects & Sustainability in Oman and Beyond with Vipul Tuli
VIDEO: Eng. Salim Al Thuhli, CEO, Khazaen Economic City on Investment Opportunities
H.E. Salim Al Aufi, Minister of Energy & Minerals talks about Oman’s Green Hydrogen Goals
VIDEO: Talking Latest Developments in Aircraft Ground Guidance & More at Oman Airports
VIDEO: Dr. Firas Al-Abduwani Discusses Green Hydrogen, Potential Regions for Development & Creating a Green Ecosystem
VIDEO: Discussing The Future of Green Hydrogen in Oman with H.E. Salim Al Aufi
Celebrating Infoline’s Remarkable 20-Year Journey
-
Dossier3 weeks agoDossier, 2026
-
Insurance2 months agoLiva Insurance Supports Community Wellness Through “Experience Oman – Muscat Marathon 2026”
-
OER Magazines2 months agoOER, January 26
-
Interviews2 months agoEXCLUSIVE INTERVIEW: TLS Rebranding Marks Strategic Leap Toward Innovation, Sustainability & Growth
-
Alamaliktistaad Magazines2 months agoAl-iktisaad, January 26
-
Banking & Finance3 weeks agoNational Finance Unveils Exclusive Ramadan Offers on Auto Financing
-
Banking & Finance3 weeks agoSohar International and Sohar Islamic Supports Over 100 Families in Al Wusta Governorate Through Its ‘Sohar Al Attaa’ Initiative
-
Banking & Finance2 months agoA New Platform for SME Growth: Oman Arab Bank Unveils Tumouhi
You must be logged in to post a comment Login