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That fire hose of money has slowed considerably since, and so far the original streamer has come out on top: Netflix is by far the world’s largest streaming company, with 325 million subscribers. In the U.S. last year it attracted 59% of all streaming viewing time; 10 other streamers shared the rest, says Luminate’s 2025 Year-End Film & TV Report. And it is now competing on a larger scale: Its recent market value of $358 billion makes it more valuable than the next two most valuable companies in Hollywood, Disney and Sony, combined. In a December 2025 ranking of Hollywood’s most powerful people, assembled by industry journal Variety, No. 1 is Netflix co-CEO Ted Sarandos. No one seems to dispute it—even with the inroads David Ellison has lately made.