This infographic, The Economics of Netflix: How to Make a $100 Million Show, comes by way of Great Business Schools and is very timely given the release earlier this month of the second season of Netflix’s popular original series, Orange is the New Black, and the recent news that comedian and TV host Chelsea Handler will end the 7-year run of her talk-show on the E! network and move to Netflix in 2016, a move which may actually ‘revolutionize’ the talk show format. Further evidence of Netflix’s successful transformation from a media distribution company to content creation company/television network was solidified with the Critic’s Choice Awards naming Orange is the New Black as winner of the Best Comedy Series. Netflix was founded in 1997 as an online movie rental company and introduced streaming in 2007. By 2013, Netflix reached 40 million members worldwide and launched its first original series House of Cards. See the infographic for more on how Netflix has disrupted the television viewing experience. Source: GreatBusinessSchools.org
Citations:
- http://www.thewire.com/technology/2013/02/economics-netflixs-100-million-new-show/61692/
- http://en.wikipedia.org/wiki/List_of_original_programs_distributed_by_Netflix
- http://www.nytimes.com/2013/02/25/business/media/for-house-of-cards-using-big-data-to-guarantee-its-popularity.html?pagewanted=all&_r=0
- http://variety.com/2013/digital/news/caa-agent-discloses-netflix-series-spending-1200006100/
- http://blog.kissmetrics.com/how-netflix-uses-analytics/
- http://www.cnbc.com/id/101392947
- http://www.marketwatch.com/investing/stock/nflx/financials