Wednesday, July 11, 2018

Cutting the TV cord: The Netflix-driven online phenomenon


A look at how online streaming services are revolutionising entertainment across the globe.


Subscription video service Netflix is now the most popular US platform for watching entertainment on TV. According to a recent survey by Wall Street firm Cowen & Co, it has now overtaken traditional broadcast, cable television and other online streaming services like Youtube and Amazon. 

With its own studio in Hollywood, Netflix is now one of the world's biggest film and TV producers. It boasts collaborations with some of television and cinema's most renowned names, such as a multi-year production deal with former US president and first lady, Barack and Michelle Obama. 

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