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Netflix is the world’s leading premium media streaming platform, operating in nearly every country in the world. It was one of the first players in the streaming industry when it transitioned in 2007, and the bet has paid off with hundreds of millions of subscribers worldwide. Netflix built the streaming service initially on the back of licensed content from other distributors. Netflix began funding its own original programming in 2013. The first of these all-new “Netflix Originals” was House of Cards, breaking new ground for streaming-only media. Since then, Netflix has significantly ramped up the production of original content, putting a strain on its relationship with other publishers. Other streaming services, like Amazon Prime Video, Hulu, and Disney Plus, have grown to become serious competitors, as well.
Reference: Android Authority
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