In the current password-sharing era of streaming services, Netflix would've been better off investing in original content. That's what will differentiate its service from Amazon, HBO, Hulu, and Redbox.
On Monday, the company released its first-quarter financial earnings, and beyond the immediate results—26 million global streaming users, $870 million in revenue, an $0.08 loss per share—Netflix spent time touting the benefits of its original programming efforts.
Netflix boasts more than 23 million subscribers; in just seven months since launch, Hulu Plus has surpassed 700,000 members; and channel-specific offerings like HBO Go, which has already reached more than 3 million users, are rocketing in popularity. Can Comcast catch up?