Stranger Things - Industries

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Industries

 HISTORY OF TV:

  • 1920 - First Live Public Broadcast.
  • Only to a very small number of people.
  • BBC comes about 1922 
  • To begin with its mostly a radio organization.
  • First US broadcast - 1936 RCA Telepictures NBC
  • Started off slowly.
  • Early years - experimental.
  • WW2 halted TV 
  • Up until 19950s/60s that TV was getting ''Owned''
  • Coronation Street 1960s, Dr Who 1963
  • Colour TV - late 1960S, incredibly small number at this age.
  • Apollo Moon Landing - live broadcast (made people go out and buy TV)
  • Late 1970s we get VCR and VHS cassettes. 
  • These were tapes that could record things on TV and be able to play them again when you wanted to.
  • Time Shift Viewing ^
  • Into the 80s we start to get satellite television - Sky TV in the UK.
  • In the 90s we start to get regular daily use of TV.
  • 2002 - Freeview; lot's of channels that you'd be able to flick through.
  • 2006 - First HD television broadcast
  • 2012 - Netflix in the UK.
50% of UK Household now subscribe to at least one video on demand (SVsD) service such as Netflix or Amazon Prime Video and UK adults half an hour of Youtube per day.

These services are interactive and participatory (we choose what we want) which may be different from traditional Broadcast TV.

Communal aspects may exist now e.g. when a new show on Netflix drops it will be talked about among others.

In 2018 people watched on average 3 hours and 12 minutes of broadcast TV per day. It's going down and down and the fall in young people is much steeper.

 4 in 10 of viewers state that online viewing is their main way of viewing. 

Blockbuster - Video Rental Store; In the year 2000 a new company had a meeting with blockbuster and said they could buy their new online service for $50 million. They said no, that company was netflix and is now worth $145 million. Blockbuster had 9,000 stores worldwide there is now only one left.

Netflix - Was launched in 1998 as a video rental service (via post),  it currently has around 10 million UK subscribers, 150 million worldwide subscribers.  Net worth of a $145 million. 

Netflix Success?
  • Different accounts - Family Subscription
  • Market leader - Best stuff?
  • Big selections of films.
People state that Netflix's success is down to their intelligent use of data - know what you want to watch next. 

Algorithms:
  • Netflix uses complex technology to attract their audience.
  • Landing cards
Learning our behaviours; finding out what we want to watch. This is smart but a bit on the scary side.
They use this data to make their own programs as well e.g. House Of Cards

Netflix then invested a lot of money in Netflix films/TV shows. In 2018 they aimed for about 700 new original shows.

Netflix have rivals such as Amazon Prime, Disney+ and Apple TV. 

Budgets:
  • Stranger Things Season 1 - $6 Million to make the series.
  • The majority of this would be on casting (Winona Ryder), older famous people probably cost more than the younger cast.
  • Production Detail and Special Effects would come in as well.
  • Stranger Things Season 2 - $8 Million; down to casting.

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