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Hey you! Entertainment platforms have become the most sought after mediums in contemporary times. People can watch their favorite movies and shows at any place and at any time. With the advent of OTT platforms, the purpose of conventional theatres is slowly blurring. Yes, the proof is here! When the lockdown restrictions came into action, theatres and other entertainment centers were closed, having no signs of reopening anytime soon.

The OTT platforms came as a reliever for movie buffs as they can continue watching the movies at their homes. The OTT platforms, like Netflix, are providing tough competition to local OTTs by releasing blockbuster movies and shows frequently.

Stats that validates the growth of online video streaming apps like Netflix

  • As per the Statista website, on-demand video streaming apps contribute 60984 million U.S. dollars and may reach 95976 million U.S. dollars by 2025.
  • The popular and most widely used apps are Netflix, Amazon Prime, Hulu, YouTube, etc., out of which Netflix holds the apex position.
  • As of the year 2020, Netflix managed to gain 75 million active users worldwide and is the most used video streaming app in the U.S.
  • Analyzing the U.K market, video streaming apps chip in 3 billion Euros in 2020.
    Netflix holds the second position in the list of most used video streaming apps in the U.K. region.

    All these points add strong proof to the growth of on-demand streaming apps. So you can definitely consider launching an app like Netflix and storm the video streaming app industry. Ready? Here you have got our Netflix clone app solution that is flexible in accepting customizations. In the upcoming sections, you will get to know the features, revenue model, and benefits of our Netflix clone app solution.

A broad range of features vested in the Netflix clone app

  • One-tap registration
  • Search bar
  • Customize watchlist
  • Categories
  • Recommended content
  • Geo-location
  • Push notifications

Features of the Admin panel:

  • Upload bulk videos
  • Schedule upload
  • Customize thumbnail
  • Subtitles
  • Analytics

The revenue model of Netflix like app

  • Subscription plans
  • Freemium model
  • In-app advertising
  • Promotional content

conclusion: 

We are almost one step away from wrapping up the blog. I believe that you will find this content on the on-demand video streaming platform useful and exciting. Get your Netflix clone app from TurnkeyTown at an unbeatable price. See you there!

Read full article @ Be the trendsetter in the video streaming platform with Netflix clone app

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