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Opinion | Netflix Is the Most Intoxicating Portal to Planet Earth - The New York Times

This simple difference flips all of its incentives. It means that Netflix has a reason to satisfy every new customer, not just the ones in the most prosperous markets. Each new title carries subtitles in 26 languages, and the company is creating high-quality, properly lip-synced audio dubbing in 10 languages. For years, Netflix has roiled the film and TV business in Hollywood with its billions. Now it’s taking its money — the company spent $12 billion on content in 2018 and is projected to spend $15 billion this year — to film and TV producers in France, Spain, Brazil, India, South Korea and the Middle East, among other places.

It’s legitimate to ask how long Netflix will be able to keep up this cross-border conversation — whether, as it keeps growing, it will have to make legal or moral compromises with local censors or other would-be cultural arbiters. But I’m optimistic about its chances. Wouldn’t it be amazing if the internet did turn out to bring the world together after all?
netflix  culture  world  from:rss 
february 2019 by aries1988
Can Netflix Survive in the New World It Created?

Cable networks like FX and AMC were developing expensive, talked-about dramas, the kind HBO pioneered with The Sopranos and The Wire. But these series, with their complex, season-long story arcs and hourlong format, seemed to be poor candidates for syndication, unlike self-contained, half-hour sitcoms like Seinfeld, which can be watched out of order.

Hastings and Sarandos realized that Netflix could become, in effect, the syndicator for these hourlong dramas: We found an inefficiency, is how Hastings describes this insight.
tv  revolution  online  streaming  netflix  business  internet  amazon  future  entertainment  time  competition  home 
june 2016 by aries1988

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