alt Hacker News> They just raised premium prices again making it one of my most expensive entertainment subscriptions.
The above is from the comment I replied to. Netflix, Prime, Disney, cable TV, satellite TV, etc are without any kind of doubt competitors to YouTube within video entertainment.
Just because companies have different ways of doing business doesn't mean they're not competitors.
If your kids won't eat any fast food except McDonalds, it doesn't mean that there are no fast food competitors. The same for video entertainment.
In your analogy, McDonalds is the only restaurant serving fast food. All others are sit-down cafes. The closest thing to a youtube competitor is Twitch and TikTok. The traditional media companies are not competing in the same field.