Netflix faces streaming competition as media mergers take hold

Netflix, the multi-billion-dollar streaming service, will be facing some major threats in the next couple of years.

Netflix will also be losing many Marvel, Disney and Star Wars TV shows and movies, due to the release of Disney+ this fall.

The monthly subscription rate for Netflix is currently $10.99 or more.

Netflix still will have many popular original series such as Stranger Things and Queer Eye with large fan bases but questions loom about how much the loss of content from Disney and Warner Brothers will impact its bottom line.

American University student Maliyah Grant, 21, said that she plans on keeping on her Netflix subscription because “I enjoy watching their original content.”

The widely popular TV show Friends is leaving Netflix in 2020 for HBO Max, AT&T’s new streaming service.

As of now Netflix only has HBO, Hulu, and Amazon Prime Video as competitors, in the future the company will have many more.

Another fan favorite leaving Netflix is The Office.