Netflix: The Rise of a Streaming Giant and the Decline of Cinema

2024-12-28

Starting as a DVD rental service, Netflix disrupted Blockbuster, conquered the television industry with its streaming platform, and ultimately extended its influence to cinema. Its unique subscription model freed it from traditional film profitability norms, leading to a flood of low-quality content. While initially supporting independent films, Netflix shifted towards scale and low-cost production, resulting in a decline in overall film quality and sparking a profound reflection on the balance between art and commerce in the film industry.