Undoubtedly, Netflix is the king of video Streaming Services. With titles such as Stranger Things, Bright and The Crown, the platform added 8.3 million new subscribers in 2017. This number is not only above of any expectations, but Netflix managed to exceed Wall Street estimates for the fourth quarter of last year. According to the data-analytics firm FactSet, the streaming platform added all these subscribers in the three months to the end of December. Moreover, the platform achieved to break a record. Specifically, on Monday, Netflix’s shares reached a record at $227.79, raising company’s value past $100bn.
This does not stop here. The company expects, in the first three months of this year, to add another 6.35 million new subscribers.
The company, after the good news, released a letter to the shareholders describing why 2017 was a great year for Netflix and defining the vision for the future. Among other things, the company wrote 'achieved for the first time a full-year positive international contribution profit, and more than doubled global operating income.'
One of the big plans for this year is the sequel of the successful Bright. The big-budget action film, starring Will Smith, brings controversy to the industry as the critics hated it and the audience admired it. Specifically, according to Nielsen estimates, the movie had 11 million viewers in the first three days of its release on 22 of December, only in the USA.
According to the company, without further explanations, the film has become one of the most viewed titles on the platform.
What went right and 2018 plans
Apart from the Bright, other titles boosted Netflix in 2017. For instance, the trending Stranger Things, the successful The Crown, the futuristic Black Mirror, and other competitive new titles such as Godless, The Punisher, Mindhunter.
This year, Netflix aspires to hold the throne with old and new titles such as The Good Place, Dark, The Sinner, Atypical, Riverdale.
2018 is a promising year as Netflix has launched and it is ready to launch online some very interesting projects. The anime series Devilman: Crybaby, the dark comedy The End of the F*cking World, a reality series Somebody Feed Phil, the funny Queer Eye for the Straight Guy, the futuristic Altered Carbon, the crime thriller Seven Seconds, the detective series Dogs of Berlin, the reboot of the 1960s sci-fi show Lost in Space, and of course the come back of the legendary Letterman, with the talk show My Next Guest Needs No Introduction with David Letterman.
Stay tuned as more shows are ready to get you stuck.
