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Back in September of 2016, Netflix said they were in the middle of a “multiyear transition and evolution toward more of our own content.” In a few years, their hope was to have 50% of their library be comprised of original content. And in just a couple years, the streaming service has made great strides towards that goal.
A new report by research firm Ampere Analysis has revealed that among all the releases available in the United States that went live throughout the year 2018, 51% of them were Netflix originals. However, when it comes to the entirety of the Netflix library, the streamer still has a long way to go in order to meet their goal.
Netflix - Originals - Projects - Netflix - Co-productions
When we talk about Netflix originals, we’re looking at projects that were entirely produced by Netflix, and we’re also talking about co-productions like collaborating with Sony on The Crown and Lionsgate for Orange is the New Black. And the number of those projects has more than doubled the 25% of new, original programming that hit Netflix by December 2016.
But at the same time, even though all the new titles that hit Netflix last year were 51% original programs, only 11% of all the titles that exists on Netflix (in the United States) are original programs. That number might seem low, but that’s quite a bit more than the 4% that was recorded in 2016. That’s also significantly more than Hulu and Amazon Prime, each of which only have 1% original content in their own libraries.
Subscribers - Idea - Netflix - Library - Acquisitions
While many subscribers balked at the idea of Netflix reducing their library of acquisitions of movies and TV shows from other studios, this was the smartest decision the streaming service could...
(Excerpt) Read more at: /Film
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