Netflix continues to invest heavily in productions, especially in Japan, which has become the Company's center for original productions. At the same time that there is a growing interest in the oriental scene, there are already several japanese movies on netflix.
First of all, it is well known that the company has grown a lot during the pandemic. She also used the quarantine to understand that the competition also gained more space in the pandemic scenario. All this, combined with the absence of movies on cinema screens, the market for virtual platforms has heated up a lot.
see more
Fake or real cinnamon? Learn how to distinguish and avoid risks to…
Do you know which is the most resistant living being on Earth? Find out now!
Proof of this is that, in contrast to the crisis scenario, in 2020 the company's financial result was quite positive compared to the previous year, having invoiced in the first quarter around 18.3 billion dollars. This was a result of the quarantine and increased demand for streaming services.
However, even with the emergence of other streaming services, such as Disney+, research indicates that streaming will continue to grow and move billions of dollars around the world. This is a reality that should continue to grow, reaching in 2027 the figure of 184.2 billion dollars
In this context of constant growth, Netflix announces that it will release a film weekly and that by the end of 2021 there will be more than 70 original productions. In this way, it will exceed the sum of the competition's productions, such as Disney, for example.
The company's vice president, Kaata Sakamoto, said that the company aims to increase the range of film productions by adding more than 50 films to the list. However, films such as Love Like the Falling Petals and Once Upon a Crime are already included in this cinematographic scope.
Finally, the company continues to highlight that Japan has a film production with very relevant numbers. Among the catalog are included comedy films, as well as denser films. As already announced, Netflix will also facilitate two projects by filmmaker Hirokazu Kore-eda, a renowned author today.
The list doesn't stop there, so if you're passionate about Netflix production, you'll have surprising news. Wait.
If you liked these tips and want to read more content like this, just access School Education.
