Cultural Statistics
"Statistics covering the volume and value of cultural outputs, levels of employment, cultural consumption and participation, public and private funding and so on are required" as a means to:
"1) Describe the size of the cultural sector and its place in the economy
2) Underpin evidence-based policy formation
3) Monitor and evaluate the success of cultural policies
4) Compare various items of data"
-David Throsby (Throsby 158)
"1) Describe the size of the cultural sector and its place in the economy
2) Underpin evidence-based policy formation
3) Monitor and evaluate the success of cultural policies
4) Compare various items of data"
-David Throsby (Throsby 158)
Is Netflix a "creative" or "cultural" industry?
Yes! Most cultural industries definitions include the arts and heritage, film, broadcasting and print media, audiovisual industries, publishing, design and so on.
Consumer Sovereignty
Consumer preferences determine the production of goods and services. In other words supply responds easily and continuously to changes in demand (Heilbrun and Gray 81).
As the demand for Netflix has grown, cultural statistics show the increase nature of binge-watching, a concept that is directly associated with Netflix. Aware of their consumers' desires, Netflix has incorporated certain aspects that fulfill these demands such as: increased forums of display (computer, tablet, TV), increase in streaming content, large release rate, and more.
As the demand for Netflix has grown, cultural statistics show the increase nature of binge-watching, a concept that is directly associated with Netflix. Aware of their consumers' desires, Netflix has incorporated certain aspects that fulfill these demands such as: increased forums of display (computer, tablet, TV), increase in streaming content, large release rate, and more.
Netflix is committed to spending almost $3b on TV and film content in 2014 and more than $6b over the next three years, as the cost of securing international rights and commissioning new shows continues to mount on the streaming giant's balance sheet. -Mark Sweney
A Cultural Effect
"Our viewing data shows that the majority of streamers would actually prefer to have a whole season of a show available to watch at their own pace. Netflix has pioneered audience choice in programming and has helped free consumers from the limitations of linear television. Our own original series are created for multi-episodic viewing, lining up the content with new norms of viewer control for the first time." -Ted Sarandos, Chief Content Officer of Netflix