Netflix Officially Loses Ground After Biggest Competitor Destroys Streaming In Latest Report

Netflix Published Oct 22, 2026, 5:01 PM EDT Jennifer is a TV and Movie News Editor at ScreenRant. She started her journey in entertainment media in 2022 when she first joined Valnet at CBR before coming to ScreenRant. Jennifer loves TV, especially science fiction. She also loves late-night talk shows, due to her insomnia. Alien: Earth is definitely one of her favorite shows, and she jumps on any chance she gets to write about it. Even on her days off, she will claim an Alien Earth article if one is available. Jimmy Kimmel and Jimmy Fallon are two of her favorite late-night hosts, and Conan O'Brien before he left his show. Her Alien: Earth coverage for ScreenRant is by far the work that she is most proud of so far. She was initially a finance and political editor, but her passion for pop culture convinced her to transition into entertainment journalism. During her off time, she loves to binge-watch cooking shows such as Kitchen Nightmares. Jennifer also loves spending time with her daughter and cherishes every moment of it. Sign in to your ScreenRant account This article covers a developing story. Continue to check back with us as we will be adding more information as it becomes available.Netflix has finally been dethroned in the streaming industry. Netflix has suffered another major setback in the streaming wars, as a new report reveals that one of its biggest competitors is way ahead of it. Although Netflix remains one of the most recognizable platforms in the world, the latest data from Nielsen states that its dominance is facing a massive decline in popularity, especially in comparison to YouTube. Since its conception, Netflix has been synonymous with streaming, building its reputation through popular original movies and TV shows. However, the entertainment industry has changed a lot over the years, with audiences turning to other platforms for content. YouTube, in particular, has emerged as a huge competitor, attracting viewers with its enormous selection of free and creator-owned material. More to come...