question :

Do you think Netflix would be able to sustain this advantage given the competition why we come into strategic actions that would help Netflix sustain its competitive advantage

Netflix is an American production company and a subscription-based streaming service for TV shows, movies, documentaries, and more onthousands of internet connected devices. Netflix's initial business model included DVD sales and rental by mail, then gradually evolved to online streaming via monthly subscriptions Since 2012, Netflix has taken more of an active role as producer for both film and TV series, and to that end offers a variety of "Netflix Original film content exclusive for their platform. Moreover, they invested in technological innovation by designing an algorithm that provides users with film suggestions based on their activity and search. It is also considered an easy-to-use and accessible application. However, the entertainment industry faces intense competition from similar service providers. Netflix competitors include Amazon Prime video, Hulu, Disney Plus, and YouTube where all operate at a similar cost and similar subscription-based platform. To build a larger customer base, Netflix has priced its services competitively so that a larger number of people from around the world can access its services. It has brought three plans that suit the needs of its target customer segments, ranging from low-price to premium with the main difference being the number of screens accessed