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    Netflix Facts & Stats

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    Jon Meier
    Netflix started as a DVD-by-mail service and has grown to become one of the most influential media streaming services worldwide. It makes money through subscriptions and shares. The company was an early adopter of streaming technology and transitioned to an online subscription model in 2007, growing its annual revenue from $1.36 billion to $15.8 billion over 10 years. Netflix subscribers have also grown tremendously, from less than 22 million in 2011 to nearly 150 million in 2019, with 37% of internet users using Netflix. Netflix's main competitors are Hulu and Amazon Prime Video but Netflix far surpasses them in subscribers and satisfaction ratings. Netflix's continued success is attributed to its large catalog of original content which accounts for over

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    Netflix Facts & Stats

    Uploaded by

    Jon Meier
    149 views1 page
    Netflix started as a DVD-by-mail service and has grown to become one of the most influential media streaming services worldwide. It makes money through subscriptions and shares. The company was an early adopter of streaming technology and transitioned to an online subscription model in 2007, growing its annual revenue from $1.36 billion to $15.8 billion over 10 years. Netflix subscribers have also grown tremendously, from less than 22 million in 2011 to nearly 150 million in 2019, with 37% of internet users using Netflix. Netflix's main competitors are Hulu and Amazon Prime Video but Netflix far surpasses them in subscribers and satisfaction ratings. Netflix's continued success is attributed to its large catalog of original content which accounts for over

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    Netflix started as a DVD-by-mail service and has grown to become one of the most influential media streaming services worldwide. It makes money through subscriptions and shares. The company was an early adopter of streaming technology and transitioned to an online subscription model in 2007, growing its annual revenue from $1.36 billion to $15.8 billion over 10 years. Netflix subscribers have also grown tremendously, from less than 22 million in 2011 to nearly 150 million in 2019, with 37% of internet users using Netflix. Netflix's main competitors are Hulu and Amazon Prime Video but Netflix far surpasses them in subscribers and satisfaction ratings. Netflix's continued success is attributed to its large catalog of original content which accounts for over

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    149 views1 page

    Netflix Facts & Stats

    Uploaded by

    Jon Meier
    Netflix started as a DVD-by-mail service and has grown to become one of the most influential media streaming services worldwide. It makes money through subscriptions and shares. The company was an early adopter of streaming technology and transitioned to an online subscription model in 2007, growing its annual revenue from $1.36 billion to $15.8 billion over 10 years. Netflix subscribers have also grown tremendously, from less than 22 million in 2011 to nearly 150 million in 2019, with 37% of internet users using Netflix. Netflix's main competitors are Hulu and Amazon Prime Video but Netflix far surpasses them in subscribers and satisfaction ratings. Netflix's continued success is attributed to its large catalog of original content which accounts for over

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    © All Rights Reserved
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    Started as a DVD-by-mail service, Netflix has grown into one of the most

    influential media streaming services in the world.


    It makes its money through worldwide subscriptions and shares.

    Netflix is a SVOD service – subscription video on demand.

    The company was one of the first to see the potential of streaming technology
    and began to transition to a subscription video-on-demand model in 2007. Since
    this transition, annual revenue has grown from 1.36 billion to around 15.8 billion
    USD in just ten years.

    The number of Netflix subscribers has followed a similar trend, growing from less
    than 22 million in 2011 to nearly 150 million in 2019. The service is becoming so
    popular that an estimated 37% of the world’s internet users use Netflix.

    The number of subscribers has grown by 10% since the start of the Coronavirus
    lockdown.

    Although the company’s popularity is booming around the world, the US is the
    most important market with over 60 million paid streaming subscribers. Around
    60 % of U.S. adults had a current Netflix subscription as of December 2018,

    Inspires strong brand loyalty with high customer satisfaction ratings.


    .
    Main rivals are Hulu and Amazon Prime video – but are nowhere near Netflix in
    terms of subscribers and satisfaction ratings. Disney+ which launched in the UK
    in March 2020 is not really a major threat because of Netflix's range of content.

    In early 2020 Netflix has concluded deals with Japanese anime studios and
    Nickleodeon to carry their content.

    One of the main differences between Netflix and its competitors is its massive
    range of original content. The company produced over 300 original titles in
    2017, a number which is only expected to expand in the future.

    The popularity of shows such as House of Cards, Stranger Things and Orange
    is the New Black have made original programming integral to the company’s
    continued success.

    Over a third of users state that original programs are their most enjoyed
    content on the entire Netflix platform, and over 60 % of subscribers state that
    original shows are either very important or absolutely critical when it comes to
    their decision to use Netflix.

    Consumers aren’t the only people showing their appreciation for Netflix’s content;
    the network was awarded 23 Primetime Emmy awards in 2018.

    From the beginning, it was Netflix’s ability to adapt to changing


    technologies and consumer demands which made it so successful. This
    ability to adjust has continued in recent years with the success of the
    company’s original content and increased focus on providing content
    around the world. As long as Netflix can continue this trend of innovation,
    the company will remain an important voice in the entertainment industry.

    Adapted from Statistika

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