I think yes, because Netflix you pay out of pocket, whereas Facebook is a free service
I believe Facebook vs Hulu or regular TV is more of a competition in the attention economy because when the commercial break comes up then you start scrolling your social media on your phone and every 10 posts or whatever you stumble into the ads placed on there so Facebook ads are seen and convert whereas regular tv and hulu aren’t seen and dont convert
Do you agree that the following company pairs are competitors?
* FB : TikTok
* TikTok : YT
* YT : Netflix
...
To be clear, this is an abuse of logic and hence somewhat tongue in cheek, but I also don't think either of the above comparisons are wholly unreasonable. At the end of the day, it's eyeballs all the way down and everyone wants as many as of them shabriri grapes as they can get.