Netflix says that ‘Fortnite’ is a bigger threat to its business than HBO

%name Netflix says that ‘Fortnite’ is a bigger threat to its business than HBO by Authcom, Nova Scotia\s Internet and Computing Solutions Provider in Kentville, Annapolis Valley

In what is both a fascinating revelation and a vicious shot at one of its main rivals, Netflix said in a shareholder letter on Thursday that, in terms of screen time, Fortnite is a more pressing concern for the company’s business than HBO. While it might not be a one-to-one comparison, we do know that tens of millions of people (of all ages) are spending hours a day playing Fortnite on their phones, tablets, consoles, and computers.

More important than any other metric to Netflix is the amount of time consumers spend streaming its content, which makes a massively popular game like Fortnite just as threatening, if not more so, than any direct competitor, including HBO, Hulu, Showtime, or upcoming services from the likes of Disney and Apple.

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Netflix says that ‘Fortnite’ is a bigger threat to its business than HBO originally appeared on BGR.com on Fri, 18 Jan 2019 at 16:42:08 EDT. Please see our terms for use of feeds.

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