How Netflix would survive in the era of COVID-19 ?
By MYBRANDBOOK
“Netflix is not only surviving during the COVID-19 pandemic, but it is thriving. The company’s strong position during this crisis has gained it first place in GlobalData’s thematic ranking for the music, film and TV sector – beating Amazon for the top spot.
Danyaal Rashid, Thematic Analyst at GlobalData, comments: “The company added nearly 16 million subscribers to its platform in the first three months of 2020, which is more than double the forecast the company gave in January and the largest subscriber gains in its history – quite the feat for such a mature firm.
“Netflix also has a significant advantage over the competition when it comes to content. Major studios are in crisis as global production comes to a halt, leaving firms such as Amazon, HBO and NBC in limbo as they work out what content they can release this year.”
Netflix shoots content well in advance of release, so all of its 2020 releases are in post-production. This work can be done remotely, meaning that their content calendar will remain unchanged until at least 2021. Netflix is also well into the production of its 2021 content putting the firm at an advantage for when production resumes.
Rashid “While its competitors flounder under the pressures created by COVID-19, Netflix’s preparation will place it in a strong position to benefit from this crisis. It is for this reason that Netflix has gained a coronavirus ranking of five - the highest of any company in that market.”
Singapore to remove One-Time Passwords from Bank Accounts
According to the Monetary Authority of Singapore, clients who utilise secur...
Is 375 million Airtel subscribers database breached?
When a hacker claims to have accessed and put up for sale a customer databa...
The government of India intends to construct a single portal f
A single portal will be launched by the Indian government to list all of it...
OpenAI offers GPT-4o, a faster model available to all users at
GPT-4o, a faster and more sophisticated AI model, is made available to all...
DELL TECHNOLOGIES INDIA PVT. LTD.
DIGISOL SYSTEMS LTD.
HP INDIA SALES PVT. LTD.
DRUVA SOFTWARE PVT. LTD.
Icons Of India : NATARAJAN CHANDRASEKARAN
Natarajan Chandrasekaran (Chandra) is the Chairman of Tata Sons, the h...
ICONS OF INDIA : RITESH AGARWAL
Ritesh Agarwal is an Indian billionaire entrepreneur and the founder a...
Icons Of India : Dilip Asbe
At present, Dilip Asbe is heading National Payments Corporation of Ind...
DRDO - Defence Research and Development Organisation
DRDO responsible for the development of technology for use by the mili...
BSE - Bombay Stock Exchange
The Bombay Stock Exchange (BSE) is one of India’s largest and oldest...
NSE - National Stock Exchange
NSE is the leading stock exchange in India....
Indian Tech Talent Excelling The Tech World - Satya Nadella, Chairman & CEO- Microsoft
Satya Nadella, the Chairman and CEO of Microsoft, recently emphasized ...
Indian Tech Talent Excelling The Tech World - RAVI KUMAR S, CEO- Cognizant
Ravi Kumar S, appointed as CEO of Cognizant in January 2023, sets the ...
Indian Tech Talent Excelling The Tech World - Lal Karsanbhai, President & CEO, Emerson
Lal Karsanbhai, President and CEO of Emerson, assumed the leadership i...