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Netflix Movie Catalog Down 40 Percent (Topic)

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Netflix Movie Catalog Down 40 Percent

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The number of movies in the Netflix streaming service catalog is rapidly declining. This is evidenced by the data provided by the Streaming Observer. So, if in March 2014 there were 6494 movies in it, in March 2016 - already 4335, and by November 2019 the number had decreased to 3849 pieces.

One of the reasons indicated is the reorientation of Netflix to its own production b the refusal of many companies to cooperate with Netflix in favor of their own streaming services. So, in 2019, similar platforms Disney + and Apple TV + were launched, in 2020 other major players are expected to enter the market, primarily Universal and Warner Bros.

Also in 2019, for the first time in the last eight years a decrease in the number of Netflix subscribers and a significant decrease in the company's capitalization were noted.

The Topic of Article: Netflix Movie Catalog Down 40 Percent.
Author: Jake Pinkman


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