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Where should Netflix position its content in the future?

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Have you ever subscripted these media streaming platforms?

When did the media streaming ​platforms start?

1995

RealNetworks launched RealAudio as their streaming media.

1999

Microsoft's Windows Media Player allowed users to stream both audio and video content.

2002

Movielink launched providing a platform for users to legally download and stream movies.

2005

YouTube was founded, initially focusing on user-generated content.

2007

Netflix Streaming was introduced for subscribers.

2008

Hulu was officially launched.

2013

Netflix started producing and releasing Netflix Original.

2014

Amazon integrated its streaming service into the Amazon Prime subscription.

2019

HBO Max is launched, providing a platform for streaming HBO, WarnerMedia, and more.

2020

Disney+ enters the streaming market.

2021

Paramount+ rebrands and expands its content library.

Now, Let’s explore

the growth of the Global Streaming Market Size since the Covid-19 pandemic

STREAMing

MARKET

The streaming world, especially “Subscription Video on Demand” (SVOD), has experienced significant growth in the wake of the global COVID-19 pandemic.



You could really see this in how much the market grew from 2020 to 2021.


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Netflix Global Service

By Regions

What about Netflix?

Netflix Streaming Revenue

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Subscription on Netflix

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press and hold your mouse

on the bars to inspect the chart

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Netflix Cash Spending

on Content

REVE​NUE

Netflix's streaming revenue is increasing in line with the growth of global video streaming market.

sub

scrip

tion

Since Netflix is an streaming-video-on-demand company,

the revenue primarily comes from paid subscriptions

But does a region with highest Streaming Revenue is necessarily the region with

highest paying subscription members?

Let’s compare annual revenue and paid memberships

The most powerful marketing strategy

that keeps people subscribing to Netflix is

the creation of original content.

let’s see how much Netflix spend on their original content overtime

you can click “Show global streaming market” to compare these 2 charts

In 2021, Netflix splurged more and more cash quarterly on its content, riding the wave of the booming global video streaming market spurred by the pandemic.

but ended up spending less than planned in 2023 due to the WAG and SAG-AFTRA strikes by Hollywood screenwriters and actors on wages

The plan for 2024 is to up its

content spending to 17 billion dollars.

read more about sag-AfTRA

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press and hold your mouse

on the bars to inspect the chart

We bet you've come across some of these movies.

‘press and drag’ or click the arrow to explore posters

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press, hold

and move left or right

to explore the posters

How about these TV shows?

‘press and drag’ or click the arrow to explore posters

But how successful has

Netflix’s original content been ?

These are all-time most popular Netflix original movies and TV shows,

determined by the views each title received within the first 91 days.

If Netflix were to make a decision,

what path should it take to continue crafting successful ​movies and TV shows that resonates globally and locally?

According to the blossoming of Thai Drama Industry,

do you think Thais love watching Drama the most?

.

.

.

Yes !

Thailand as a member of Drama Club is shown

in the chart below

The count* in this bar chart shows “how often each genre made it into Netflix's top 10 list” in Thailand

source :

Thailand

*count : The number of times that a genre is in Netflix’s Top 10

Actually, not only Thais that found of Drama,

but Drama is also number ONE, influentially spreading

all over the world

Long

Live

Drama

The count in each bar shows

“how often each genre made it into Netflix's top 10 list” in each country

This is the genre breakdown of all top 10

movies and TV shows on Netflix across 94 countries

from July 2021 - Oct 2023

Let’s narrow down to

the Monthly Trend Analysis

of each Genre in Netflix

Are there any significant

insights relating to

any other external

factors

?

Did you watch any of these ghost movies last October?

Do you think the Genre and the period of time are related?

This chart illustrates Horror Trend across the world in each month.

Data provided by Netflix starts from July 2021 to Oct 2023

The size of each dot shows how often each genre made it into Netflix's top 10 list in each month of each country.

The larger the dots, the more often that genre appears in the top 10 list


The red dots show which month the genre most frequently appears in the top 10 list

for each year in each country.

2021

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2022

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2023

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

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July, 2021 and October, 2022 both have

the significant data of Horror Trend

The trend of Horror generally raises in October

because of Halloween Festival.




But, why does Horror Trend also outstanding

on July, 2021 ?

This chart provides a list of the top Horror films and TV shows ​from each country in July 2021.

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You can move your mouse around the chart to explore more in details about the titles of movies and TV shows and their counts

You can see that many seasons of the horror movie “Fear Street” are on fire across many countries in July, 2021

WHY ?

Fear Street is adapted film from the popular horror set of novels written by R.L. Stine which has been well-known and famous for many ages.

From These

Empty Book Rack
Empty Book Rack
Empty Book Rack

To

These

Fear Street Trilogy

Fear Street Part 1: 1994

Fear Street Part 2: 1978

Fear Street Part 3: 1666

Key Takeaway

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According to the case studies of “Fear Street,” it shows that the film adaptation of books, which already have their own fan clubs, creates a higher tendency for the film’s success

What’s about the Trend of other Genres?

Scroll down to explore about

Genre Trend of Netflix

across the years

Data provided by Netflix starts from July 2021 to Oct 2023

The default visualizations overlap initially.


Begin by selecting your preferred genre from the dropdown menu on the left.


The size of each dot indicates how often each genre made it into Netflix's top 10 list in each month of each country. The larger the dots, the more often that genre appears in the top 10 list,


The red dots shows the month when the genre most frequently appears in the top 10 list

on that year in each specific country.

2021

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2022

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2023

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

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Explore the in-depth genre and what words that each genre mostly use in their overviews by word cloud

For Netflix

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Global

strategy

If Netflix were to produce an Original Content, they should focus on the Drama Genre or the adaptation from books as a key to success

However, Global Strategy is just a way.

Local strategy is another salience method that

Netflix should take it to Heart

Can you guess the genre(s) of this popular Netflix’s TV show?

Choose and submit ​your answer

(Multi-options)

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The answer is

.

.

.

.

.

Co​medy, Fantasy, Mystery, Sci-Fi

Key Takeaway

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Films or TV shows don’t have to portray only one genre,

they should have many flavors within them

to be more entertaining and enchanting

The same as pizza, one can have the same favorite topping such as cheese referring to Drama genre.

Pineapple

Crime

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Isometric Deconstructed Ham Slice
Isometric Deconstructed Sliced Carrot
Isometric Deconstructed Sliced Carrot
Isometric Deconstructed Sliced Mushrooms
Isometric Deconstructed Grated Cheese
Isometric Deconstructed Sliced Bell Pepper
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Isometric Deconstructed Sliced Mushrooms
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Isometric Deconstructed Shrimp
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Olive

Thriller

Cheese

Drama

Pepperoni

Action

Isometric Deconstructed Grated Cheese
Isometric Deconstructed Sliced Bell Pepper
Isometric Deconstructed Ham Slice
Isometric Deconstructed Sliced Bell Pepper
Isometric Deconstructed Ham Slice
Isometric Deconstructed Sliced Bell Pepper
Isometric Deconstructed Pizza Crust
Isometric Deconstructed Sliced Bell Pepper
Isometric Deconstructed Sliced Mushrooms
Isometric Deconstructed Ham Slice
Isometric Deconstructed Sliced Carrot
Isometric Deconstructed Sliced Carrot
Isometric Deconstructed Sliced Mushrooms
Isometric Deconstructed Grated Cheese
Isometric Deconstructed Sliced Bell Pepper
Isometric Deconstructed Sliced Bell Pepper
Isometric Deconstructed Sliced Mushrooms
Isometric Deconstructed Sliced Mushrooms
Isometric Deconstructed Sliced Mushrooms
Isometric Deconstructed Sliced Bell Pepper
Isometric Deconstructed Sliced Mushrooms
Isometric Deconstructed Shrimp
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Isometric Deconstructed Sliced Bell Pepper

Mushroom

Romance

Drama

Cheese

However, each person likes different pizza toppings,

just like each country has different preferences for movies.

According to data records that Drama is globalized,

let’s see groups of 1st to 3rd ranked genres (without Drama)

to see favorite genre combinations in different countries

How To interact with the map


  • double-click the map
  • click the arrow
  • click the first icon
  • click the second icon
  • if you are using mouse scroll to zoom in or zoom out the map
  • click return
search icon

to zoom in

Four arrow cross icon

to pan views (move the map)

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Spot a pattern?

icon to restore the map

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Therefore, if Netflix are interested in Local Strategy,

Netflix can explore this chart and find their own path

to make a decision of the following Netflix’s Contents in the future.

Key Takeaway

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Clusters of genres’ combinations are related to the region.

Explore which country or region have the same favorite genre !

Tip: Use the slider to quickly choose the genre you're interested in.

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1

Global

strategy

Create a film or movie

with a drama genre OR

Adapt a film from famous book

In conclusion,

Netflix should maintain producing their Original Contents

in two ways depending on Genre of their products and the target country they aim to.

2

local

strategy

Create a film or movie with

regional preferences

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Grateful for your attention !

Who are the wizards that conjured up this data story?

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Nanthicha Angsuwichitkul

Thitirat

Meennuch

Ormboon Thianprakhob

Titirat Lerdcharoenthum