TV Foresees Its Future. Netflix Is There.
[Commentary] Apple and Google were back making waves in the television world, with reports suggesting they were renewing efforts to use technology to transform the box in your living room. But Netflix already has.
Netflix knows a little about transformation. It’s worth remembering that it managed to go from the largest user of the Postal Service to the largest source of download traffic on the Web in the span of months, not years. After a big stumble on pricing in 2011, Netflix recovered and then some, using its expertise in technology and algorithms to accrue over 36 million users worldwide. But few would have guessed that Netflix’s software expertise would extend to entertainment produced by top-flight actors, directors and writers. Beginning this year, Netflix streamed four original series — “House of Cards,” “Hemlock Grove,” “Arrested Development” and “Orange Is the New Black.” The shows earned generally good notices, kicked up a great deal of chatter, and, drum roll here, were nominated for 14 Emmys. It was the first time an Internet-only service earned a seat at the big-boy table in television.
TV Foresees Its Future. Netflix Is There.