Netflix has been around since 2000, and has taken the throne as the number one streaming service in the world since. It has surpassed the percentage of people who have cable in their homes this year as well. People are “cutting the cord” more than ever. Also, even with Netflix’s raising of its prices, they saw little to no drop off in subscribers. They dominate all other (paid) streaming services in both overall users and monthly users at 139 million and 40 million respectively. Netflix is coming for cable now with its original content, and has won emmys, grammys, and oscars, with its original content. In 2011, Netflix went global, starting with Canada and Mexico, then the rest of the glove, and now for the first time, the number of global users outweighs the number of US users. This truly marks the beginning of Netflix’s true reign on top of the entertainment world. They have climbed the mountain and are now looking down from the top. Even so, they show no signs of slowing down. With repeated record highs in revenue, they consistently have record highs in expenses too, mostly going to creation of their own content. Their goal in the future is to be their own brand, and not just a place to find other content.
“All I do is sit at home and watch Netflix” -Kyrie Irving
“I love a good Netflix Binge!” -Simone Biles
Question: What is your favorite Netflix show and why? Answer in the comment box below
Question: How many hours a week do you spend watching Netflix? Answer in the comment box below
