OTT App Development: How Does Netflix Make Money?
Being the world's biggest OTT app development company , Netflix was the pioneer in on-demand video streaming apps. But everyone is curious to know its business model. How does Netflix make money? For the answer to come to you, you should read this blog. Netflix was the first successful OTT app development that encouraged customers to subscribe to all-exclusive video content. In modern times, Subscription Video on Demand (SVOD) is being used by several other OTT players such as Disney Hotstar, Hulu, Amazon Prime, Youtube, etc. Entertainment app development solutions have a new name OTT (Over The Top) platform. Read ahead if you're planning for an OTT app development and want to learn how Netflix makes money. What is Netflix Business Model? Netflix's business model is subscription-based rather than generating revenue at a specific title level. With its unique media & entertainment app development solutions , Netflix produces, acquires, and licenses content which includes