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Everything you Need to Know About Recommender Systems 14 June 2021

  A few months ago, Netflix estimated that its recommendation engine is worth nearly $1 billion!  This is because Netflix’s terrific AI-driven recommendation engine accounts for more than 80% of the TV shows discovered on the platform. Netflix uses its recommendation system to bank on customer retention, its biggest ROI being the regular flow of …

Disney-Fox M&A won’t be a threat for Netflix, says Evercore 22 December 2017

Disney’s recent acquisition of Fox assets has created worries in the industry that Netflix Inc. will be overtaken by Walt Disney Co. in terms of market share. Analysts at Evercore said that Disney spending over $50 billion to include 21st Century Fox Inc.’s entertainment assets in its streaming service are overblown. Lead analyst Anthony DiClemente …

Netflix reaches $2 billion Revenues backed by ‘Stranger Things’ and ‘Narcos’ 20 October 2016

Netflix, world’s leading VOD service has announced its quarterly revenues to reach US$2 billion (EUR1.8 billion) for the first time. The results are said to be backed by the original summer hits ‘Stranger Things’ and ‘Narcos’. Netflix is on its way to strengthen its original programming seeing this better than expected hit. Reported to stand at …

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