Right. This "competition" isn't, because most of it is run by the same folks that determine whether or not Netflix exists as an ongoing concern.
It's a HUGE fuckin shame that American Broadcasting Companies, Inc. v. Aereo, Inc. was decided the way it was. Otherwise, Netflix could get out of the stranglehold that the movie studios surely have it in by buying DVDs and either mailing them or streaming their contents to subscribers. [0]
[0] The implication here is that the movie studios are threatening to refuse to renew streaming licenses for their movies if Netflix goes back to mailing DVDs at scale. If Netflix could format-shift those DVDs in real time with a one-customer-per-DVD setup, not only would Netflix have some leverage, they wouldn't be beholden to arbitrary and capricious licensing agreements at all.
It's a HUGE fuckin shame that American Broadcasting Companies, Inc. v. Aereo, Inc. was decided the way it was. Otherwise, Netflix could get out of the stranglehold that the movie studios surely have it in by buying DVDs and either mailing them or streaming their contents to subscribers. [0]
[0] The implication here is that the movie studios are threatening to refuse to renew streaming licenses for their movies if Netflix goes back to mailing DVDs at scale. If Netflix could format-shift those DVDs in real time with a one-customer-per-DVD setup, not only would Netflix have some leverage, they wouldn't be beholden to arbitrary and capricious licensing agreements at all.