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'Netflix Is the Most Intoxicating Portal To Planet Earth'

Friday February 22, 2019. 09:55 PM , from Slashdot
Instead of trying to sell American ideas to a foreign audience, it's aiming to sell international ideas to a global audience. From an op-ed: In 2016, the company expanded to 190 countries, and last year, for the first time, a majority of its subscribers and most of its revenue came from outside the United States. To serve this audience, Netflix now commissions and licenses hundreds of shows meant to echo life in every one of its markets and, in some cases, to blend languages and sensibilities across its markets. In the process, Netflix has discovered something startling: Despite a supposed surge in nationalism across the globe, many people like to watch movies and TV shows from other countries. 'What we're learning is that people have very diverse and eclectic tastes, and if you provide them with the world's stories, they will be really adventurous, and they will find something unexpected,' Cindy Holland, Netflix's vice president for original content, told me.

The strategy may sound familiar; Hollywood and Silicon Valley have long pursued expansion internationally. But Netflix's strategy is fundamentally different. Instead of trying to sell American ideas to a foreign audience, it's aiming to sell international ideas to a global audience. A list of Netflix's most watched and most culturally significant recent productions looks like a Model United Nations: Besides Ms. Kondo's show, there's the comedian Hannah Gadsby's 'Nanette' from Australia; from Britain, 'Sex Education' and 'You'; 'Elite' from Spain; 'The Protector' from Turkey; and 'Baby' from Italy. I'll admit there's something credulous and naive embedded in my narrative so far. Let me get this straight, you're thinking: A tech company wants to bring the world closer together? As social networks help foster misinformation and populist fervor across the globe, you're right to be skeptical. But there is a crucial difference between Netflix and other tech giants: Netflix makes money from subscriptions, not advertising.

Read more of this story at Slashdot.
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