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Netflix: Piracy is Difficult to Compete Against and Growing Rapidly
(torrentfreak.com)
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It's possible for more than one companies to thrive in streaming space. Just look at music streaming industry. There are healthy competition there with several global music streaming apps and various regional/country-specific music streaming apps. All they have to do is not locking contents behind exclusivity deals and compete on price and features instead. Also, not cracking down too much on family sharing usage also helps.