Saturday, June 27, 2020

Technology research




    With forty-five movies, 162 television shows, and 61,043,000 monthly subscribers in the United States; Netflix is the largest streaming subscriber service in the world. Netflix was started in 1997. Co-founded by Reed Hastings and Marc Randolph, Netflix started off as a DVD delivery service. Movies could be rented online and then delivered to your home for a price of just $2 to $4 dollars. The first movie streamed on Netflix was "Bettlejuice". At first, the service offered viewers only the option to rent one movie at a time and only once the old movie was returned. In 2010, their service caused Blockbuster (the largest video rental company in the US) to go out of business. From 2007 to 2008, Netflix began to introduce a streaming service where subscribers could watch movies on their personal devices and televisions. 



        Even with streaming companies such as Hulu, HBO, Amazon Prime, and Disney+ growing over the years, Netflix still has the most subscribers. The main obstacle Netflix currently has is streaming contracts with studios such as Disney. Before Disney+ most of the content from Disney's properties such as Marvel, Pixar and Star Wars was streaming on Netflix. As soon as one of their movies would come to DVD, Disney could show them on Netflix for a long period of time. When Disney+ came out most of their content was brought to the new streaming service. However, a few Disney movies stayed behind at Netflix because of their contracts with the company. One of the latest movies to move from Netflix to Disney+ is Marvel's Black Panther. Black Panther was one of the most popular Netflix movies during its time on the streaming service. Despite this big change, Netflix viewers could possibly see the return of this movie in 2026 thanks to the streaming contract between the two companies. A Disney executive recently said that if you are a fan of Disney movies, then you need to subscribe to both companies.

        Netflix creates their own content so that they can continue to stay competitive with other streaming services. The television show, "House of Cards", was their first original content production in 2013. Today they have 80 featured films and 700 new Television series a year. Some Netflix original movies, such as "The Irishmen", have become Oscar-nominated films. These originals have featured important and popular actors and actresses over the years. An example of this would be Adam Sandler who has a production company called Happy-Madison. Happy-Madison recently finished their four film, $275 million dollar contract with Netflix to create new content. I personally feel with Covid-19 Netflix's streaming views have increased due to the amount of time spent inside.


No comments:

Post a Comment

My Online History

When it comes to my online presence I feel I have accurately presented how I live my life. My social media accounts include LinkedIn, Instag...