Netflix posts impressive earnings as subscriber base jumps by 7 million
It was just two years ago when we began building the third category: a film and TV studio within Netflix. Some of our notable owned-titles in addition to Stranger Things include: Big Mouth, The Ranch, Bright, Godless, The Kissing Booth, 3%, Dark, Sacred Games and Nailed It. In addition to reducing our reliance on outside studios, this initiative provides us with greater control over the content we create (e.g., long term global rights), the ability to strengthen title-brand-love and franchise value (like consumer products) and potentially lower costs (as we can avoid the markup 3rd party studios charge us). To do
this, we’ve had to develop new capabilities to manage the entire production process from creative support, production planning, crew and vendor management to visual effects, to name a few.
This year, Netflix originals led with 112 Emmy nominations spanning 40 of our shows, docs and 4 specials across nearly every category and we’re humbled to have tied HBO with the most number of Emmy wins with 23.
Published October 17, 2018
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