Report: Amazon Is Catching Up With Netflix in TV Offerings Deadline
A new Wall Street report looking at the offerings from streaming services finds that Amazon has “caught up significantly” to Netflix with its TV offerings, Deadline.com reports.
Still, both services still trail Hulu, which is owned by NBC, Fox and ABC, the piece notes. The report, from Piper Jaffray analyst Michael Olson, found that Hulu Plus offered 51% of the available hit TV shows in June, while Netflix had 32%. Amazon had 12%, an increase from 7% a year ago.
With movies, Netflix offered 12% of the available hits, while Amazon dropped to 6% from 12%. Hulu had only 1%, although that was an increase from zero the year before.
The story adds, “Also of interest: The study found that Netflix offers nearly half of the hit TV shows that Amazon streams — and all of the hit movies. That ‘speaks to the quality of Netflix’s selection and difficulty of obtaining exclusive content,’ Olson says.”
The study examined the top 50 movies available for streaming during the past three years and the top 75 TV shows available during the past four years.