Netflix’s catalog diversity mirrors that of the cable channels it sought to replace. 

Netflix’s catalog diversity mirrors that of the cable channels it sought to replace. Amidst stiff competition in the streaming market, Netflix has announced its acquisition of WWE Monday Night Raw. The $5B move is expected to be covered by Netflix’s current growth pattern, but if not, it could lead to a price hike for subscribers—though it’s already one of the priciest streamers on the market. At the same time, the platform appears to have more outside-network movies and TV shows than ever, with waning emphasis on original programs. This acquisition highlights how the platform has focused on catering to a wide range of audiences rather than targeting specific demographics—which some think may hurt it in the long run. However, YPulse data shows that Netflix is without a doubt young viewers’ favorite video content platform, and that’s been an unwavering preference for quite some time. (The Verge)