In recent years, the platforms streaming have assumed great relevance since have revolutionized the way we consume entertainment. Netflix is one of the pioneers that has set new standards in the sector. The company was founded in 1997, but started its service under a subscription since 1999. However, it was not until 2009 that the platform already had 100 thousand titles on DVD and had surpassed 10 million subscribers.
At the beginning of the service, Netflix was a video store-style Blockbuster, but it also worked by postal mail. When it was introduced the possibility of streaming, it was when the platform began its take-off unexpected; for the year 2017, the company ended with 98,75 million members.
Now, a new report points out that the value of the company managed to position itself even above the Ford, manufacturer of automobiles with headquarters in Dearborn. In just the first few months of the year, Netflix added two million more subscribers, and its stock has gone up by 42 per cent and now has a value of 140 billion dollars.
The increase in the value of Netflix positions the company for top companies such as Mcdonald’s or General Electrics. And if that weren’t enough, the service streaming is already very close to reaching to monsters global like Disney; even has already surpassed Time Warner and for a long time has left the underneath CDS and Viacom (both tv channels of entertainment).
Why compare it to Disney with Netflix?
The relationship is significant, because from some time we have been hearing that Disney, the first company of the media and the entertainment world’s most powerful, has made clear that it intends to launch its own streaming services with which it has already reached agreements with various franchises in the world to obtain the rights to multiple characters and movies.
In addition, rumours that once the contract has Netflix with Disney, the titles of Marvel and Lucasfilm could be removed from the streaming services. On the chart we see below, it is possible to observe how to Netflix in the first quarter of the year 2018 nearly reaches the value of Disney.
Will remain to be seen if the growth of Netflix will remain constant or decrease with the arrival of the new service Disney. Share with us your comments.