Netflix sees Fortnite as one of its greatest threats

January 18, 2019
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We already know Fortnite has dominated the gaming scene – it’s literally impossible to ignore – but something most haven’t considered is its impact on different media forms, such as streaming service Netflix. It’s a battle for eyeballs, as several analysts are now phrasing it, and yesterday Netflix cited Fortnite as one of its greatest competitors.

In its latest earnings report, Netflix reported a quarterly revenue of $4.2bn (£3.2bn) – a 27 per cent increase from the previous year’s same period – but this didn’t stop the media giant from name-dropping some potential threats in a letter to shareholders.

“In the US, we earn around 10 per cent of television screen time and less than that of mobile screen time,” the letter reads. “We earn consumer screen time, both mobile and television, away from a very broad set of competitors.

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