You’ve seen the shows: Orange Is The New Black, House of Cards, Narcos. Netflix isn’t only the world’s most successful streaming service, but on it’s way to becoming an overall entertainment powerhouse. Netflix may be already there.
Maybe this is why Netflix builds it’s own studio, instead of dealing with others. Their productions are so hot it must be this way. Rumor has it they’ve already leased a Hollywood lot. Not only that, they want comedian/talk show host Chelsea Handler to host a show exclusively for Netflix on that lot. They’re also filming upcoming comedy shows Flaked and Lady Dynamite on that lot. Netflix leaders want to end their dependence on mega media companies like Time Warner, Disney, or 21st Century Fox. Netflix started in the late 1990s as a DVD by mail delivery service. In the late 2000s, with the social media revolution going on, Netflix reinvented itself as a streaming service. By the mid 2010s, Netflix was producing it’s own shows and winning critical acclaim and Emmy’s. But with that comes great competition. Rival Hulu is also expanding. Hulu is also co-owned by Fox, NBCUniversal/Comcast, and Disney Corporation.
But with this kind of expanding comes more challenges, especially financial. How are they going to pay for the lot? How are they going to keep paying for the big stars everyone wants to see? Making high ranking and high quality and award winning TV shows and movies doesn’t come cheap. There’s another reason I want Netflix to win. It’s the same reason I won’t be streaming with Hulu anytime soon. Hulu is owned by not one, but three different mega media conglomerates. The last time I checked, Netflix was still virtually independent. For those of you that have followed my blogs, you know how I feel about corporate mergers. So yes, I hope Netflix have all the success in the world with this lot. How will Netflix do?