In the year 2020, where theaters have suffered huge losses on one hand, the OTT platform has gained a lot on the other side. Cinema and entertainment lovers have enjoyed the OTT platform at home, which has led to an increase in the number of users of all platforms. The biggest beneficiary of this was Netflix, which recently attracted 200 million paid subscribers.
OTT platform Netflix has released its fourth quarter report, with a hold in 190 countries around the world. It shows that the number of paid users has increased by 8.5 million, i.e 85 lakh. As of 2018, Netflix had only 111 million paid subscribers, with 23 percent growth.
According to a Netflix report released on Tuesday, the new subscribers are mostly from outside the US and Canada. These new subscribers are either from Europe or Middle East Africa. On the other hand, Asia Pacific is the second largest contributor to Netflix’s user growth.
These series and movies dominated Netflix
The new season of the series, released on Netflix, is attracting a lot of viewers. Due to this new season, the viewership of the old season has also increased. ‘The Crown’ has been seen by 100 million people so far, on the other hand, ‘The Queen Gambit’ is also very much liked by the audience. It has been viewed by 62 million subscribers. According to the report, the sales of the chase-board have also increased since the film’s release. With this, Germany’s local series ‘Barbarian’ has been watched by 37 million people and the Korean horror show ‘Sweet Home’ by 22 million people.
What does Netflix have in the year 2021?
Netflix continues to produce original content. Netflix, including India, has 500 new projects to release in 2021, which is scheduled to be released soon. These include many different categories of films and series.
Netflix will bring shuffle play feature
Soon Netflix is bringing a shuffle play feature for its users. Its test has started from the fourth quarter of 2020. Subscriber will soon have a shuffle play feature with the help of which movies and series will be shown according to your choice and search. For example, if you like science fiction movies but are having trouble searching for new movies, Netflix will suggest related content from previously watched movies as soon as you click on the shuffle play.