What is Netflix’s business model, and how much money does it make?

Netflix is a subscription-based OTT platform that costs money. It’s an online media streaming service that lets consumers watch their favorite episodes and movies on as many devices as they like. It has a market valuation of $150 billion because of its revenue strategy. It’s also the largest video-selling platform on the planet.

What Is Netflix’s Revenue Model?

Customer Segments At Netflix

Netflix’s platform is meant to provide users with a diverse selection of genres from which to choose. Everyone who is interested in watching movies, TV series, and documentaries – and who isn’t? – will find something to their liking in their library (movies or shows). Netflix tries to promote family-friendly, educational, and amusing content to assist catch the better interests of families, despite the fact that it has content for both children and adults.