How to create an apps like Netflix. 2019 in the perfect time so start a streaming service like Netflix.

1. How To Start A
Video Streaming
Service Like Netflix?

2. 2019 in the perfect time so start a streaming service like Netflix. The video streaming business
model is a very lucrative multi-billion dollar entertainment industry vertical.
Netflix has become the modern equivalent of renting a blockbuster in the good old times of the
90s. We’ve come a long way with personalized on-demand entertainment consumption. It’s still
not late to be the part of the success that video streaming services like Netflix, Disney+,
Amazon Prime, Hulu, and Apple TV+ are reaping.
There are also several production houses and TV channels that are launching their own
streaming service with all the titles produced and showcased on their TV network. Some of the
big names are HBO NOW, Hotstar, Sling TV, etc.

3. FAQS ON NETFLIX
An online streaming service (in this case a video streaming platform) is an online website and/or app platform where people can watch shows,
movies, and events of their choice. Netflix particularly follows an OTT (Over The Top) video streaming option.
What is Streaming Service?
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Netflix streaming is the best option for people who hate to download and save entire movies and shows to view. What the OTT streaming does is
it sends the whole video in small chunks of data, this way only small parts and downloaded at any given time. If you pause, then no more chunks
are downloaded.
So, you don’t need to have the entire video to view it at any given time. Also, once you’ve watched the video or episode, the downloaded chunks
are deleted automatically, saving your storage space
How Does Netflix like Streaming Work?

4. FAQS ON NETFLIX
The short answer is to get an entertainment app development company to build your video streaming website and app portal. Remember to
choose a company that has previous experience, more than sufficient knowledge, and the latest resources to build you an app like Netflix.
For the longer and more detailed answer, keep reading the blog.
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ADD YOUR TEXTAs answered above, Netflix offers 3 types of accounts: Basic, Standard, and Premium. So these accounts have different levels of features and
different pricing models. The basic plan costs $9 per month; the Standard plan costs $13 per month; the Premium plan costs $16 per month.
How to create a video Streaming Website/App?
How Much is a Netflix Subscription?
ADD YOUR TEXTNetflix made $ 16 billion in the year 2018. In the 2nd quarter of 2019, Netflix made $ 4.52 billion, where they expected to reach $ 4.50 billion. So,
they are going on track so far.
How Much Money Does Netflix Make?How Much Money Does Netflix Make?

5. Source: Visual Capitalist

6. HOW TO START A STREAMING SERVICE LIKE
NETFLIX?
2. Get the best entertainment app development company.
3. Learn the requirements and tech stack needed to create a streaming service like Netflix.
4. If you lack money to build the complete app; build an MVP with basic features to present
to investors.
5. With the gathered funding, expand your app as well as your business reach.
6. Keep researching on the best new design trends and features and keep upgrading your
app and business model.
1. Prepare a viable business strategy to start a Netflix-like app startup.

7. FACTS & STATS ABOUT NETFLIX
 Netflix occupies as much as 61% of the entire video streaming website market.
 With its reach in more than 190 countries in the world, Netflix made $ 16 billion last year.
 Netflix had over 154 million paid subscriptions worldwide, including 60 million just in the US.
 Mathematically speaking, to consume all the content of Netflix, one human life is not
sufficient.
 Netflix takes a 26.6% share of global video streaming traffic (YouTube is 3rd in position).
 In just 60 seconds, Netflix users from around the world collectively watch 694,444 hours of
content (More than double from last year).

8. FEATURES OF NETFLIX LIKE STREAMING SERVICE

9. FEATURES OF NETFLIX LIKE STREAMING SERVICE

10. FEATURES OF NETFLIX LIKE STREAMING SERVICE

11. Which are the Technology Stacks used to
Build Netflix?

12. Which are the Technology Stacks used to
Build Netflix?

13. Which are the Technology Stacks used to
Build Netflix?

14. Which are the Technology Stacks used to
Build Netflix?

15. Which are the Technology Stacks used to
Build Netflix?

16. How much does it cost to build an app like
Netflix?
Development Module Development Cost
iOS App Development $37,000-$54,000
Android App Development $38,000-$54,000
Back-end Development $37,000-$48,000
Front-end Development $29,000-$38,000
Total Cost $141,000-$194,000

17. LET’S BUILD YOUR NETFLIX-LIKE STREAMING
STARTUP
People love Netflix, whether it is for the weekend-long binging or some Netflix & chill. This
global OTT video streaming platform has become an integral part of our modern
entertainment culture.
If you wish to create a Netflix-like app and profit from this startup vertical, then you need a
proficient entertainment app development company as your technology partner. We can
be that partner for you and build your app platform and website like Netflix.

18. Contact Us
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Suite 1033, Minneapolis,
MN, 55437
biz@excellentwebworld.com
+1-(480)-409-4504
Excellent Webworld