CAMBRIDGE, England (reuters) – The chief of Netflix, said of the impending arrival of Apple, Disney, and NBC, for the global streaming market, it will push the content of the charge, at a level that is great about the British Royal family look like a bargain”.
FILE PHOTO: Reed Hastings, co-founder and CEO of Netflix; it can be done at an event of the Fundacion Telmex Mexico Siglo XXI (Telmex Foundation Mexico XXI Century) in Mexico City, Mexico, on 6 September, 2019 at the latest. REUTERS/Edgard Garrido
Costing a reported £ 100 million ($125 million), and “The Crown”, has won rave reviews and has helped Netflix to its customer base, which has grown to 152 million euros, and will give it a competitive advantage over rival pay-TELEVISION and technology groups.
“It’s a whole new world, starting in November,” the US streaming giant’s CEO, Reed Hastings, said in the STRATEGY-definition television, industry conference to be held in the united Kingdom.
Hastings mentioned that it’s planned to launch the services to be provided by Apple, and Disney, as well as to the increase of Amazon’s offer, and the next Society’s platform of nbc universal.
The new video-on-demand (SVOD) subscription services is good news for the industry, and with the rival competing platforms to poach the best content and talent in Him, said.
“One day, “The Crown”, it will look like a bargain,” he said.
The show was designed to span 60 episodes over six seasons.
Claire Foy played in the first two seasons, which have been reduced to the life of the Queen from her coronation at the age of 25 and up to and including the birth of her children and the love of her sister, while in the political issues of the day.
Oscar-winner Olivia Colman to star in the role of the third series will start in the month of November.
Following on from the success of “The Crown”, Hastings said Netflix would be a “huge increase” in investment in Uk television production next year, taking advantage of the country’s powerful storytelling experience.
“The potential of the internet to bring the culture of entertainment is outstanding, and in the next few years, with the expansion, I think we’re going to see a very large increase in the amount of content that is produced here in the uk,” he said at a conference in Cambridge, England.
“This year, we spent a bit more than £ 400 million in the united kingdom, and is continuing to grow, it will follow from our customer base.”
Asked whether Netflix would have to spend twice as much next year, he said, “it’s Probably not a duplicate, but it is a great gain.”
Reporting by Paul Sandle; Editing by Kate Holton and David Goodman