When the streaming giant Netflix started to make their own movies and TV shows, all of the major movie studios that have been around for decades did not take them very seriously. However, those same studios are singing a different tune now. This is because Netflix original movies and shows received a slew of nominations for the 2020 Golden Globe awards. It is now safe to say that the world’s biggest streaming service is now one of the most important studios in the world. All of the other big studios have definitely taken notice.
“The Irishman” and “Marriage Story” are two Netflix original films that did very well at the Golden Globe nominations. The same can be said for the Netflix original series “The Crown.” This series chronicles the life of Queen Elizabeth II of England. It is groundbreaking because it uses different actors to tell her life story as she gets older. Overall, 34 Golden Globe nominations were given to shows and movies that were produced by Netflix. This is a rapid rise for a company that has not been producing original content for very long. Netflix has spent $15 billion on original shows and movies this year. This number has gone up by 35 percent every year over the past four years. The company knows that the only way it is going to survive the streaming wars is to make content that people are willing to subscribe to see. So far, they have succeeded in doing that.
There were many people in the entertainment industry who scoffed at Netflix several years ago. The idea that a streaming service could make quality movies and shows was unthinkable. However, the company has proven those people wrong in a very big way. One of the things that has benefited Netflix is their massive bankroll. The fact that they are willing to spend a lot of cash has attracted the top talent that the industry has to offer. Could anyone have predicted that Martin Scorsese would be directing a Netflix film six years ago? Now there is a chance that he will win an Oscar for the film he made for Netflix.
There is no question that Netflix has turned the show business world on its head. It has given a place for creative people to go when they are shunned by the other studios. Therefore, Netflix is going to be a major force for a long time.