Netflix Aims at Global Audience With Original Films

The transcript discusses Netflix's strategy of producing TV movies to expand its international base, comparing it to HBO's past efforts. It highlights the risks of film production, emphasizing the importance of sticking to distribution. Netflix's past attempts at original content are mentioned, along with its significant growth in viewership. The discussion concludes with the challenges of running a production business and the importance of acquiring talent.

What is Netflix's primary reason for producing made-for-TV movies?

• To compete with HBO

• To expand its international base

• To reduce production costs

• To win awards

Why is producing feature films considered risky for Netflix?

• It takes too long to produce

• It requires a large marketing budget

• It involves high financial risk and potential losses

• It is difficult to find good scripts

What happened when Netflix previously tried producing original content?

• It was a huge success

• It won several awards

• It failed miserably

• It was moderately successful

What is a potential pitfall of producing films according to the transcript?

• Lack of creative ideas

• Over-reliance on technology

• Letting ego drive decisions

• Too much competition

What significant growth did Netflix experience in its viewership?

• From 15% to 30%

• From 3% to 5%

• From 5% to 42%

• From 10% to 20%

What is a strategic move for Netflix as a public company?

• Expanding into new markets

• Continuing to purchase content

• Investing in high-budget films

• Focusing solely on TV series

How does Netflix plan to manage its production business?

• By focusing only on documentaries

• By outsourcing all production

• By relying on its current team

• By hiring experienced talent