Is Netflix the new “Real Madrid” of TV and Streaming?

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Real Madrid is one of the biggest soccer clubs in the world, with a tremendous amount of pedigree, history, and money. They are known for purchasing the best players in the world, in their prime, for enormous fees, and it’s paid off with titles over the years, especially during the Christiano Ronaldo era. While this strategy has paid off with silverware, it hasn’t always left their financial situation in great standing, or their image for developing players. Like Real Madrid, Netflix is looking to buy up all the best players as well. It is just a different kind of player, the best titles and producers for streaming. In 2017 Netflix paid $100 million dollars for Grey’s Anatomy showrunner Shonda Rhimes who left ABC. They paid $300 million dollars for Ryan Murphy of American Horror Story and American Crime story, and now they have signed Game of Thrones showrunners David Benioff and DB Weiss for $200 million dollars. Their offseason signings over the last few years have commanded big money, and it is bad news for regular television. If Netflix continues to pry away the best talent from the TV world to the streaming world, the TV companies will struggle to fine adequate talent and while being able to compete with the deals Netflix is dishing out. We may be starting to see a shift away from the top shows airing on network television or subscription services such as HBO, and more of the big action taking place on streaming services such as Netflix.

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