Squid Game’s rise to fame has had fans eager for more Netflix Originals. A Korean wave spurred by the show has brought similar K-Dramas and movies to the screens of international subscribers. In this article, Eugene Jang explores the foundations of such originals and the disruptive nature of streaming services on the larger film industry.
CEO to employee compensation ratios have increased seventeen-fold within the past five decades, helping propagate an increase in wealth inequality in the United States. But how much should CEOs reward themselves, relative to their employees? We examine two case studies of companies that stand on opposite ends of the issue.
The pandemic, as it has done to so many industries, has put in a pin in the production and distribution of movies and television shows, yet as so many people are forced to self isolate, the demand for content new and old has never been higher. As COVID-19 drains some sectors of the film industry and boosts others, we investigate who the biggest winners and losers of the pandemic are in the entertainment industry.
The future of streaming is highly uncertain, with a few contenders vying for dominance, and a slew of others looking to carve out a niche. Overall, Netflix appears to be in the driving seat to be the dominant player in the market, but this doesn’t necessarily justify its valuation, particularly with younger services like Disney Plus growing at astronomical rates.
Despite video streaming gaining its popularity in recent months since the COVID-19 pandemic closed movie theaters, how are corporations like Disney+ and Netflix taking advantage of the shift in consumer behavior? Is video streaming here to stay? Community columnist Emily Tang tells us more!