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Emegence of Netflix after COVID-19

Netflix is an online movie streaming platform that offers a variety of award-winning movies, TV series, shows, anmie, documentaries and more on thousands of internet connected devices of almost every country. It provides the audience a great opportunity to watch the best TV Series and movies on very low prices. The movies streamed on Netflix without a single commercial, which is very pleasing for the viewers. There are always something new movies and TV series added every week. 

It has been assumed that after the emergence of COVID-19 last year, Netflix and other online streaming platforms emerge at their peak. The main reason for this may be that due to the closure of cinemas and big screens worldwide, people find the internet to the best of their companions in these hard times. Even the person diagnosed with COVID spends his quarantine by mostly watching movies from Netflix. The mobile application is also available on android and i-phone users, which is also pleasing for the people to find and watch movies with the device in hand.   

On the other hand, the number of subscribers has increased significantly during 2020 i.e. approximately cross 200 million worldwide. In just from July 2020 to September 2020, more than 2.2 million peoples newly subscribe to Netflix. The online movie streaming giant had a total net income of 2.76 billion US billion dollars in just 2020 and total annual income reached 25 billion US dollars.

Due to lock down in major cities, the business of cinemas are almost comes to the halt, which highly affects the film industry of every country but the film makers and production houses finds best solution in the shape of Netflix to premier and launch their movies online rather than big screens with millions of people watching all over the globe. 

Netflix has one of the biggest library of new and old classic films, but as the company has grown, Hulu and Amazon Prime also find themselves in competition with Netflix, that’s why they have invested incredible amounts of money in producing their content, working with filmmakers like David Fincher and Marvel Studios on Daredevil, Iron FistJessica Jones, and Luke Cage and other many more Netflix originals.

Since the Online industry has grown tremendously during the last one and a half year, Netflix becomes one of the major source for the entertainment and joy for the people.

If you have not subscribed yet, start now and enjoy your days with latest movies and TV series. 

https://www.netflix.com/

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