Saturday , June 12 2021

You may notice a Netflix library shrunk in the next few years / movie

Reducing Netflix Library

even though Netflix Keep adding your library each week and announcing new projects virtually every day, so the streaming service will be missing out on a decent portion of the offerings they have for subscribers. According to recent analysis, Netflix is ​​losing 20% ​​of its library as new streaming services from Disney, WarnerMedia and others begin to debut this year.

According to industry research firm TV Ampere Analysis (via, Comcast (or NBCUniversal), Fox, Disney and WarnerMedia currently represent about 20% of Netflix's content library. And almost all announced plans to launch their own streaming services, which means that probably each of them will not be sending nearly as much of their content to Netflix.

Disney is launching its Disney + streaming service sometime in late 2019, and WarnerMedia has already detailed plans for its own streaming service in the same non-specific time window. Meanwhile, Comcast (which owns NBCUniversal) has just restructured its executive team to focus on a new streaming service for its television and movie offerings that could take programs such as The office of Netflix in the coming years. And finally Fox is being absorbed by the Disney banner, so many of his movies and TV shows are likely to go to Disney +.

However, this is only a guess based on assumptions. Although a lot of programming ends up being unique to these streaming services and is no longer available on Netflix, it is not a conclusion that all of this content will be unique. After all, Netflix has to pay these companies for that content, and if you're willing to pay $ 100 million to WarnerMedia to keep all Friends seasons until 2019, those companies may still allow Netflix to keep some of its products. movies and TV shows.

It's also worth noting that not all content from Disney, Fox, WarnerMedia and Comcast is as valuable as something like Friends or The office. So as long as Netflix loses 20% of its library, if these companies get all their balls and go home, this may not be a big loss for most subscribers. This is especially true when you consider the amount of original content that Netflix is ​​producing, spending about $ 13 billion last year on new content.

Cool Posts from across the Web:

Source link