Tech
How Netflix And YouTube Changed Entertainment Forever | CNBC Marathon
From Netflix and YouTube to AMC, CNBC Marathon explores the future of entertainment.
Over the past 25 years, Netflix revolutionized the film and television industry. The company amassed over 220 million subscribers across 190 countries, billions of hours watched for show Stranger Things and racked in 226 award wins. However, in 2022, things began looking rather different for the storied streamer while fighting an uphill battle to remain relevant in the streaming wars. In Q2 of 2022, Netflix lost nearly 1 million subscribers as rival Disney+ added roughly 14 million new subscribers.
Movie theaters across the U.S. and worldwide were dealt a massive blow during the pandemic. The domestic box office numbers plummeted from 2019’s box office of $11.2 billion to $3.8 billion in 2021. As for AMC Entertainment, the pandemic was chaotic. The theater company was virtually out of cash and nearly bankrupt, yet the 2021 “APE meme-stock” movement possibly saved the company.
And with more than 500 hours of video uploaded every minute and over 1 billion hours watched every day, Google’s YouTube is the world’s second largest search engine. And its meteoric growth hasn’t subsided, over 2 billion users visit the site every month. CNBC takes a look at how the video platform has changed over the past 15 years and if it can stay on top.
Chapters:
00:00 — Introduction
00:30 — How Netflix Lost Its Edge To Disney+ (Published September 2022)
15:10 — Will Movie Theater Companies Like AMC Survive? (Published August 2022)
27:59 — How YouTube Became An Internet Video Giant (Published November 2020)
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How Netflix And YouTube Changed Entertainment Forever | CNBC Marathon
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Produced and Edited by: Ryan Baker
Camera by: Jeniece Pettitt
Reporter: Michael Wayland
Animation by: Jason Reginato
Senior Managing Producer: Tala Hadavi
Additional Footage: Hyundai
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@TreeswithFlowers323
December 17, 2023 at 6:43 pm
YouTube gave everybody a voice no matter who they were!
@ajf5823
December 17, 2023 at 6:43 pm
I always hated going to the movies. Sitting in a chair with my feet sticking to the floor, in a room that was too hot/too cold surrounded by coughing people and crying kids, unable to take a break to go to the bathroom or get food or drink was a horrible experience. I almost always got a headache and when a movie cost $10/person l stopped going.
Now l can sit in the comfort of my own home, eat a hot meal, drink a beer and pause, rewind and fast forward while watching my favorite movies. What’s not to love? I’m surprised anyone goes to the movies anymore.
Besides, most new movies are remakes, sequels and prequels from movies made 20-30 years ago. There’s nothing to go to the movies FOR!
@ajf5823
December 17, 2023 at 6:43 pm
The only response Netflix got from me by offering a streaming service with ads for the same price l used to pay for without ads, along with not letting my kids use my password is for me to cancel Netflix, just like l cancelled my cable 20 years ago when it got crazy expensive.
@kennethweddington6416
December 17, 2023 at 6:43 pm
kinda confused 😕 is gala games, film and music going to be 3 separate tokens? I got into gala for the trifecta. Kinda scares me if I have to buy three different tokens after accumulating and holding gala for so long.
@WACRE44
December 17, 2023 at 6:43 pm
Love you tube
@austin1416
December 17, 2023 at 6:43 pm
Netflix is garbage
@rembertchris26
December 17, 2023 at 6:43 pm
I have been a Netflix member since 2009 I still have it but I also have YouTube and Disney. What time to be alive.
@TheLovliestTear
December 17, 2023 at 6:43 pm
My mom, dad AND grandmom all primarily watch YouTube now. I never thought I’d see that happen. YouTube creators are the watchers as well. We’re creating our own entertainment.
@toast_dev
December 17, 2023 at 6:43 pm
Imagine if Spotify and Netflix partnered up, take on the Giants
@KuatoLives99
December 17, 2023 at 6:43 pm
I cancelled Netflix. Nothing good there
@JazzyRN7788
December 17, 2023 at 6:43 pm
Comes full circle because I’m watching this ON YouTube. 😂 And I pretty much ONLY watch YouTube.
@Gelo202
December 17, 2023 at 6:43 pm
I am watching this documental in YouTube now 😂😂😂😂😂😂😂😂
@Gelo202
December 17, 2023 at 6:43 pm
AMC is gong to the cementery soon
@Gelo202
December 17, 2023 at 6:43 pm
Netflix is going to the sementery soon
@louismat319
December 17, 2023 at 6:43 pm
AMC loss all that money because mostly their stock was being shorted. The shorted stock will eventually be called better invest.
@user-by5cm2hb3h
December 17, 2023 at 6:43 pm
❤
@mayaraalcantara1604
December 17, 2023 at 6:43 pm
🎉🎉🎉🎉🎉🎉🎉
@rozanmiguelpereira9561
December 17, 2023 at 6:43 pm
YouTube é ferramenta de informação e diversão
@augustogabriel5235
December 17, 2023 at 6:43 pm
Tarefa 9
@estertavares4126
December 17, 2023 at 6:43 pm
Muito bom!
@disraelisantos8274
December 17, 2023 at 6:43 pm
Muitos bem organizados excelentes atedimento
@eduardasantos8856
December 17, 2023 at 6:43 pm
Bom
@tonton5496
December 17, 2023 at 6:43 pm
Muito bom
@Amocles
December 17, 2023 at 6:43 pm
I will never ever pay for a subscription when my media is in more places than one
@musunshine31
December 17, 2023 at 6:43 pm
Honestly, if i had to pick one subscription service to keep, YouTube Premium hands down. Spend a week watching without ads, you'll never go back. Plus it comes with a YouTube Music subscription
@vajtsab8826
December 17, 2023 at 6:43 pm
The best thing about Netflix is that there are NO ADS. The only thing missing is good movies and shows. The line up is ok as of 2023. I subscribe to others for shows that is not on Netflix. I really hate the ads. With Disney plus bundle with Hulu.
@stingray120
December 17, 2023 at 6:43 pm
Forever???
How do you know?
@Rempamilious
December 17, 2023 at 6:43 pm
Η Ψυχαγωγία μας προκαλεί στα παιδια το ΑDHD,Ντοπαμίνη και
Σοβαρά προβλήματα,. Παρακαλώ η ψυχαγωγία να Απαγορευτεί σε όλη τη Χώρα .
Τα παιδικά στο Youtube για παράδηγμα το Cocomelon να Απαγορεύεται αυτό το Κανάλι στη χώρα μας γιατί τους κάνουν τα μωρά να κολλήσουν τα μυαλά τους μπροστά στα μάτια στην οθόνη να βλέπουν αυτό μόνο μόνο το παιδικό, ακόμα και σε άλλα Nursery rhymes Κανάλια.
Μην αφήσετε τα μικρά σας παιδιά και Μόρα να βλέπουν έτσι κολλημένα σε κάποια παιδικά.
Το Netflix τους προκάλεσε στα παιδιά να είναι Τρανσέξουαλ, Αντίλεξα , Lgbtq plus Ρατσισμοκόριτσα. Όλες οι ταινίες και σειρές είναι Χάλια λόγω που χάσανε εγγραφές.
Αυτό θα ονομάζεται: Κατά ψυχαγωγία
🚫🎥🎞📺 🎮📱 🚫
✅📵📚📖✏️🔍📐🖌🧮⏰ 🎒📚✅
Our Entertainment causes ADHD, Dopamine and
Serious problems,. Please the entertainment be Banned throughout the Country.
The nursery rhymes on Youtube for example Cocomelon This channel is banned in our country because it makes the babies stick their minds in front of the eyes on the screen to see only this nursery rhymes, even in other Nursery rhymes Channels.
Don't let your young children and babies see like this stuck in some children's.
Netflix challenged them kids to be Transsexual, wordless , Lgbtq plus Racist Girl. All movies and series are Bad because they lost registrations.
This will be called: anti entertainment
🚫🎥🎞📺 🎮📱 🚫
✅📵📚📖✏🔍📐🖌 ⏰ 🎒📚 ✅
@David-wc5zl
December 17, 2023 at 6:43 pm
We are Amusing Ourselves to Death. Neil Postman was right.
@cindiqq2292
December 17, 2023 at 6:43 pm
I started watching YouTube in the pandemic, now I watch YouTube everyday. I love watching YouTube, reading comments and sometimes commenting myself.
@up3315
December 17, 2023 at 6:43 pm
Netflix? The one streaming a paedophilic movie? Eww!
@milky_quartz
December 17, 2023 at 6:43 pm
I MISS when people uploaded full movies for free. A lot of niche art films from past decades were discoverable that way. now its so hard to find certain films online, anywhere, for free.
@DudetaketheBus
December 17, 2023 at 6:43 pm
That graph between Netflix and Disneys streaming service is highly distorted. A lot of it stems from Verizon giving their subscribers free Disney service number of paid subscribers would be different.
@watchutub
December 17, 2023 at 6:43 pm
And it sucks so bad
@nerdrage9739
December 17, 2023 at 6:43 pm
I remember that "800M" addressable market figure. Netflix stock appreciated insanely because of that. But when they hit a wall and started to lose customers, the jig was up and the stock crashed. There's probably 300M good customers, the ones that will pay a reasonable rate for streaming. And there's a massive global audience of people who will watch stuff free with ads or pirate content. They're doing that now.
If Netflix or competitors wanted to shunt their oldest content to a free ad-supported tier, maybe they could start to grow subscribers again but not revenue. They've got the customers that they make revenue from now.
So it's going to be a battle between Netflix, Amazon, Disney etc over the high value customers. Disney has already thrown down the gauntlet. Iger announced that Disney+ might actually be yanked out of some countries because the ARPU is too low to bother with. There are other countries where they might stay but not try very hard with content for those countries. Zaslav at Warners has said similar things too.