Netflix NFLX will release a new multi-part documentary series titled Heart of Invictus under Archewell Productions, owned by The Duke and Duchess of Sussex, Prince Harry and Meghan Markle.
Heart of Invictus will be created in partnership with the Invictus Games Foundation, sponsored by Prince Harry. Prince Harry will appear on camera and will executive produce on the series directed by Oscar-winning Orlando von Einsiedel and produced by Joanna Natasegara.
Invictus Games is a multisport event created in 2017 by Prince Harry for military personnel and veterans wounded in action. The series will document their workouts and reveal their gripping life stories, as well as the Games organizers who work with each country’s team to support their athletes.
Notably, under a multi-year agreement signed in September 2020, Prince Harry and Meghan Markle will be filming documentaries, feature films, scripted TV shows and children’s series for Netflix. They also work with Oprah Winfrey on a mental health documentary series for AppleAAPL Apple TV + streaming service.
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Netflix uses a robust content portfolio
Netflix benefits from its robust offerings of original content in the form of TV series, documentaries, and feature films in a variety of genres and languages. This increased the number of viewers on his platform. What’s more, the practice of on-site asylum caused by the coronavirus has boosted the number of the company’s subscribers.
Global streaming video subscriptions jumped to 1.1 billion in 2020, according to the Motion Picture Association’s annual thematic report. In total, 23.1 million new subscribers were added worldwide, up 26% year over year.
What’s more, the United States posted one of the largest revenues last year, with subscribers growing 32% from 2019 to 306.8 million. According to the study, 55% of US adults said they watch more movies and TV shows through digital platforms. This trend is likely to continue, given that the threat of the virus continues to make people hesitant to leave their homes.
Notably, Netflix’s worldwide paid subscribers grew to 203.66 million, an increase of 21.9% year-on-year in the fourth quarter of 2020, surpassing management’s expectations of 201.15 million paying subscribers.
Notably, Netflix plans to release at least one new original movie every week in 2021. The company’s upcoming TV shows and films for Spring 2021 include: Selena: TV series Part 2, superhero epic Thunderous power, competition in reality A circle Season 2 Comedy Series Dad, stop embarrassing me!, sci-fi thriller Stowaway, family drama Jupiter’s legacy, epic fantasy adventure Shadow and Bon, and a horror movie called Things have been heard and seen among other things.
Plus, Netflix will have a steady stream of regional content in 2021. The company plans to release 40 shows and films to its Indian audience in the coming months.
Moreover, in January, Zacks Rank # 3 (Hold) opened two new factories in Korea to increase production of Korean original TV series and films, further expanding its international presence. You can see the full list of today’s Zacks # 1 Rank (Strong Buy) stocks here.
However, solid growth prospects for the streaming market have attracted well-known tech and media companies such as Apple, Comcast, Discovery, AT&T, ViacomCBS VIAC and Disney DIS and incumbents including Amazon and Roku.
Netflix is expected to step up its offerings of original content for TV series, documentaries, and feature films in a variety of genres and languages for the remainder of 2021 to combat intensifying competition in the streaming space, which is expected to reach $ 184.2 billion by 2027. year, according to a study by Grand View. …
In the meantime, Netflix is working on a test that will prevent users from sharing login information, as the company could lose subscription revenues in excess of its large subscriber base. This feature will warn users not to share their password with friends or family if they are not living with them.
The most fashionable tech megatrend
It generated $ 24 billion in global revenue last year. By 2020, growth is projected to $ 77.6 billion. Prominent investor Mark Cuban says this will lead to the “first trillionaires in the world,” but it should still leave a lot of money for regular investors who start making the right deals early.
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