Netflix is the largest Internet streaming services provider of movies and TV shows which has dominated the market for many years now. Despite of facing tough competition from Hulu and Amazon Prime, Netflix has proved to be a better option for viewers and customers in terms of prices as well as number of streaming hours available. Netflix has almost all from the latest and recent to the top rated movies and TV shows which makes it as one of the best out there.
Netflix is the best out there when it comes to providing pure original content and it is one of the major companies in the market in the world of original content. The company officials said that it views the future of its content and plans to spend billions of dollars on both original and licensed content in the coming years.
There are many things that the investors and shareholders should know about Netflix. Netflix is sizing up the competition. According to Fool.com “When Netflix had just entered the original content game, its challenge was for Netflix to become HBO before HBO became Netflix.” When Netflix was launched, it was not the plan of the company to decimate the cable television, but eventually it happened. However, many analysts believed that Netflix was same as HBO and it was just a channel providing original content movies and TV shows. However, Netflix provides its services direct to consumers whereas HBO needs a middleman such as satellite and cable companies to reach to the consumers.
Apart from this, Netflix has already a lot of original content and other original contents are on its way. It is believed that “Netflix has nine original series in some state of production. However, the company sees that number growing to 20 or so in the next five years.”
Hence in a nutshell, Netflix is a very strong option for investors and shareholders.