Originally posted by: Janas2017
Thanks Anita. So this is how it works. Netflix or Amazon pays the producers directly if it is happy with storyline approached first by the producer, who in turn can reimburse his/her cast/crew. Also they may pay the channels directly for the content. Am I right in understanding?
In that case how is it feasible for Netflix? I mean they have to pay an enormous sum to producers/channels and if they charge quite nominally, how would it work out in the long run. I know for instance, Amazon still runs in losses, but their g/will and share markets r high because of hits on their websites. But we don't know when that might burst. I am asking purely from the profit aspect.
Originally posted by: Mangothyme
Jana my knowledge of production of shows is very less. But in the US for network TV there is something called Pilot season where new shows are pitched and how it works.This is how a Netflix show was pitched successfully.Amazon in the US is making great profit (like billions in this quarter alone). Netflix exceeded expectations with number of new subscribers. But both are publicly traded companies so they have lots of money.In addition both Amazon and Netflix are producing movies. In fact Manchester by the sea produced by Amazon was Oscar nominated and won last year.It was produced for less than $10 million and made more than $70 million I think.They are changing the face of US movie and television. When they start producing in India which they soon will Indian television will change too.
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