20 Interesting Facts About Netflix You Need to Know
🔍InsightsNetflix is currently one of the biggest OTT platforms in India. It was founded in year 1997, in United Sates by Reed Hastings and Marc Randolph. Netflix has a very interesting past that needs to be Explored, so Here are 20 interesting facts about Netflix that you need to know.
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Awards
Most Watched Movie
Netflix’s DVD service
Own Subscriptions
Internet Traffic
First Film
House Calls
Web Series
Netflix Paid Disney
Smart Tv
Kibble
American Households
Tesla
Title Recommendations
6 Titles
Blockbuster
Award Shows
Special Socks
Tv and Cable Networks
FAQ
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Netflix subscription saves you from 160 hours of advertisements. Before Netflix, an average individual used to spend around 160 hours of his time watching an advertisement on his subscribed television channels.
Awards
In 2018 Netflix won more Emmy awards than HBO. When Netflix started creating its original content everyone doubted the quality but in 2018 it won more Emmy awards than HBO. HBO had been winning the most awards at the annual television awards ceremony for the past 17 years.
Most Watched Movie
In 2017 a Netflix Subscriber watched the movie Madagascar 352 times. It is more like watching the same movie every day the entire year.
Netflix’s DVD service
In 1999 Netflix started offering subscription-based DVD service. Even now around 2.7 Million people subscribe to Netflix’s DVD service.
Own Subscriptions
Netflix allows you to share your account with your friends and most probably you would even have subscribed to a Netflix account pooling in money with your friends. But still, 55% of the Netflix users pay for their subscriptions.
Internet Traffic
In the first half of 2019 Netflix generated the most amount of internet traffic which accounted for 12.9%. It was 0.6% more than the traffic generated by Google.
First Film
Netflix’s first film was called the Example show. It was made to test the frame and the quality of the film. Example show was a short-film which had strange and random scenes put together.
House Calls
Netflix’s employees had to make house calls in the beginning. People living around the California area used to receive house calls for taking a survey. They used to collect the data to know which titles to add next to their library.
Web Series
In the web series 'The Witcher', Henry Cavill the actor has done all of his stunts. Also the web series 'Sex Education' was filmed on purpose to depict the school culture of the British and the U. S.
Netflix Paid Disney
Netflix used to pay $300 Million to Disney to stream its content. Disney used to play Netflix’s content before the release of Disney+.
Smart Tv
Smart TVs are being more and more common in recent years. It is observed that 80% of the Netflix Subscribers are using their services on their Smart TVs.
Kibble
In the early days, the company found it hard to find a name. The co-founder Marc Randolph suggested the name “Kibble”. It was a temporary and the first name of Netflix. Later the company was renamed as Netflix.
American Households
Netflix subscriptions have grown exponentially from 2010. In 2010, the number of American households who owned Netflix was 16%, and in a decade, it increased to 62%. Almost two-thirds of American households own a Netflix account.
Tesla
The CEO of Tesla, Elon Musk had informed that you could stream Netflix in your Tesla car from 2019. This feature can be used only when the car is safely parked. This keeps the passengers entertained while waiting for their cars to charge or waiting to pick someone up.
Title Recommendations
Most of Netflix’s subscribers watch popular shows. But 80% of Netflix’s subscribers watch the recommendations given by the algorithm.
6 Titles
Netflix’s users will have at least 6 titles they have watched it in common. Netflix finds this as a common factor in its large user base.
Blockbuster
In the year 2000 Netflix was about to sell it to Blockbuster for $50 Million. The company thought it was the right decision as they didn't have enough money to survive. Blockbuster later rejected the offer and now Netflix is the largest OTT platform.
Award Shows
In 2013 Netflix had released its own award show called the Flixies. It was a fan-based awarding, Netflix subscribers could choose the nominees and winners through voting in numerous categories. This was just an experiment done as a promotional strategy.
Special Socks
Netflix designed a special sock that detects when you fall asleep. The socks will automatically pause your show so that you don’t miss out on any part of it. It has some electronic devices which will detect your pulse and do the work.
Tv and Cable Networks
Currently, Netflix has a greater number of subscribers than any other Tv and cable network in America.
FAQ
Who is Netflix main competitor?
Amazon prime video is the main competitor of Netflix.
Who refused to Buy Netflix?
In the year 2000 Netflix was about to sell it to Blockbuster for $50 Million, but Blockbuster rejected the offer.
Who is the CEO of Netflix 2020?
Ted Sarandos is the current CEO of Netflix and has also been elected as board of directors of Netflix.
Conclusion
Netflix is the leading OTT platform that has increased its subscription base over the years. It has made a majority of the individuals change from the traditional Tv and cable operations. Netflix in India is growing exponentially. The subscription rate of Netflix has been increasing among the Millennials.
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