Netflix and Disney: The World of Entertainment is Changing
The year 2020 seems to have come into our lives to change everything. When the whole world is devastated by the Corona epidemic, its effects are changing every day. It has also affected our world of entertainment. The Cinema halls are closed. There is no very interesting program on the television channels. Of course, blaming only 2020 or Corona may not be possible in this one case. In this century, the lives of people worldwide have become so busy and mechanical that the opportunity to go to the cinema or sit in front of the TV set at a certain time is slowly disappearing from life.
But there are also alternatives. There is no way to stop watching our movies and series! And we have chosen online as the most popular option. We are looking at everything effortlessly on laptop, mobile or tab. There is also a touch of evolution.
Even a few days ago, when a new movie or series came out, I had to search for the download link. Not everyone had the opportunity to buy CDs of all the world-famous movies or series, go to the hall, or watch them live on TV. But now, they are no longer needed. As soon as they are released, we can see them in a completely legal way, in the best possible audio and video quality. You don’t even have to wait until the download is over. I can start the stream with one click!
OTT or over-the-top platforms have contributed to the revolution in the enjoyment of preferred entertainment content. Yes, I’m talking about online video streaming services like Netflix, Amazon Prime Video, or Disney Plus. Thanks to these platforms, entirely new and huge entertainment industry has sprung up that no one could have imagined just a decade ago.
There are other reasons behind the skyrocketing popularity of online streaming services, in addition to the benefits of occasional viewing and great audio-video quality.
First is the diversity of content. There is a saying in the world of entertainment that content is the king. That’s really it. Viewers don’t want to see the same kind of content day after day. They want to taste something new. Online streaming services can best meet these expectations of the viewers. That is why it is seen that the viewers who have not searched for the kind of content that has been in the conventional cinema hall or TV for ages are now catching it very easily online.
Another big reason is the ease of dubbing or subtitles. You can’t choose dubbing or subtitles in your preferred language for a movie or series by any other means. In spite of the fact that the viewers are quite interested in it, those movie series do not become enjoyable just for the sake of linguistic limitations. But now, all popular movie series have multiple dubbing and subtitle languages. So there is no obstacle to enjoying entertainment in the language of your choice.
Online streaming services are also very affordable. Whether you go to the cinema or have a dish connection at home, you have to spend much money on it. But compared to that cost, the monthly cost of the online platform is very low. So the calculation is that investing money online for entertainment is the most profitable, especially for the younger generation!
Due to these reasons, the popularity of online streaming services is increasing day by day worldwide. According to the data received in August, the most popular streaming service worldwide is Netflix, which has more than 19 million subscribers! Amazon Prime Video, which is in the second place, has 15 crore subscribers. Since its launch late last year, Disney Plus has already got more than 6 crore subscribers. HBO or Apple Plus is also getting a good response.
Experts say that in the meantime, online streaming services have established a position of their own in the world of entertainment, and their monopoly will soon be seen. By 2025, the number of subscribers to online video streaming services worldwide will increase by almost half a billion to 1.17 billion!