How Netflix disrupted the global TV industry Still, Netflix's impact on the global TV industry is undeniable. The squeeze has led the company to look more closely at new avenues for revenue and subscriber gains, such as an ad-supported version of the platform - which it had long dismissed - and a pending crackdown on password sharing. And its English-language original series, such as Shonda Rhimes' "Bridgerton," Ryan Murphy's "Dahmer" and Tim Burton's "Wednesday," have continued to break Netflix's internal streaming viewership records.īut the streamer is in the midst of a reality check, epitomized by its first quarterly subscriber loss in a decade, hundreds in layoffs in 2022, a halved stock price and the sense among employees that Netflix's famed corporate culture has soured somewhat. Now, thanks to Netflix's investments in international TV and film, programming like South Korea's "Squid Game," Spain's "Money Heist," and France's "Lupin" are finding massive audiences around the world. Hollywood used to export most global hit series and movies. Since Netflix began its worldwide expansion in 2016, the streaming service has rewritten the playbook for global entertainment - from TV to film, and, more recently, video games. Click here for Morning Brew’s privacy policy. It often indicates a user profile.īy clicking “Sign Up,” you also agree to marketing emails from both Insider and Morning Brew and you accept Insider’s Terms and Privacy Policy. Account icon An icon in the shape of a person's head and shoulders.
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