Question

write a company overview on the production company of neflix

Answer 1

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Overview of Netflix as a production company:

Netflix is an American multinational company providing streaming services for people around the globe and is the biggest among all its competitors in the industry. The company provides a large number of movies and web series subscribers in return of a charge, with the autonomy to select different plans according to the requirement and affordability. One can access it on smartphones, tablets, PCs, laptops

Netflix has many competitors in the market like Amazon Prime, Hulu, etc. But still, Netflix is on top. It focuses on producing original content and quality as well as quantity.

Netflix also tries to provide its users or subscribers all the famous content from all around the globe.

The company tries to differentiate its pricing strategy on the basis of different markets in the international market. It is because of this reason that, is very popular and generates a huge amount of revenue.

Creating new content and original content is getting costlier and costlier for the company as a result of which it increased its prices last year. But because of poor response and loss of many subscribers because of very high charges, the company is also looking forward to decreasing its prices all showing that they are not going to increase prices anymore in the near future.