Netflix's U.S. movie offerings have dwindled by about 40% over the past 5 years. Facing intense competition, the streaming giant appears to be focused more on TV.
Netflix’s U.S. movie offerings have dwindled by around 40% over the past five years, according to a report by the streaming news and reviews company Streaming Observer. The streaming company’s catalog held 3,849 titles as of Nov. 20 of this year — down from 4,335 in March 2016 and 6,494 in March 2014.
“More and more companies are fighting for these rights,” Streaming Observer founder and editor-in-chief Chris Brantner told MarketWatch. “So it’s not just companies that are pulling their content; it’s also other people snatching it up as well.”“Netflix saw the writing on the wall many years ago, which is why they shifted to focus on original content,” Brantner said.
Despite slimmer Netflix pickings in the U.S., today’s 3,849 American offerings exceed those offered by Netflix in many other countries — including Canada , the U.K. and India , according to Streaming Observer’s analysis.
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