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  • Netflix

     Tecnik updated 1 week, 1 day ago 7 Members · 8 Posts
  • husni

    Member
    September 8, 2021 at 4:58 am

    Can you relate that Netflix is a bigger industry than a whole hollywood?

  • Avian

    Member
    September 8, 2021 at 7:10 am

    Netflix has wide range of movie collections., Tv shows and web series. It has more than 100 million subscribers as well. It showed a different face for distribution industry.

  • Grant

    Member
    September 8, 2021 at 4:47 pm

    Well I wouldn’t say that Netflix is bigger than Hollywood itself, but they are pretty big. They are also heavily in debt, as they spend more than they’re able to make. I’m surprised they’ve survived so long.

  • Savvytec

    Member
    September 9, 2021 at 2:55 am

    I am not sure Netflix can be compared to Hollywood yet. Netflix had borrowed over $16 billion in less than a decade to build its content library. There were many who thought this an unwise move and that company was unsustainable. But to everyone’s delight, not only is the company doing well but it has more than doubled its profit. The estimated first quarter’s bottom line of $1.7 billion is a 140% improvement on net income of $700 million earned during the first quarter of 2020. That speaks in itself.

  • Caylie

    Member
    September 9, 2021 at 6:42 am

    I don’t think so. Netflix saw a rise in subscriptions in this lockdown. Hollywood is huge industry and it can’t be compared with Netflix.

  • husni

    Member
    September 9, 2021 at 3:34 pm

    so true

  • Sortie

    Member
    September 10, 2021 at 3:15 am

    Closure of theatres due to lockdowns have made the likes of Netflix and Amazon Prime a powerful player in the field of entertainment. Their subscription base have increased considerably and the best news is that their content have also improved. No way they can be compared to the Hollywood..they still rule over the business. Rather, I believe, Netflix and the likes only compliment Hollywood to give us quality entertainment.

  • Tecnik

    Member
    October 7, 2021 at 12:42 am

    Hollywood is the epitome of world cinema, it can’t be compared with NETFLIX or any other company. It’s sheer market presence, size and the no.of people it provides employment are unbelievable. NETFLIX are doing good and progressing in their own way.

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