Dataconomy
  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
Subscribe
No Result
View All Result
Dataconomy
  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
Subscribe
No Result
View All Result
Dataconomy
No Result
View All Result

Netflix’s Vision for the Future: Personalising Channels, Not Shows

by Eileen McNulty
June 6, 2014
in BI & Analytics, News
Home Topics Data Science BI & Analytics
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsAppShare on e-mail

Netflix is now undoubtedly an entertainment behemoth. In the first quarter of 2014 alone, they streamed 6.5 billion hours of TV and posted revenues of over a billion. Last week, CEO Reed Hastings and and Chief Product Officer Neil Hunt talked about the future of Netflix, and how they’re going to harness their vast oceans of data to stay at the pinnacle of the market. In short; they’re going to personalise and recommend channels, but not use the data to manipulate the shows themselves.

Speaking at the 2014 Internet Week in New York, Hunt outlined how the future of Netflix lied in tailoring precise recommendations for its users. “Our vision is you won’t see a grid and you won’t see a sea of titles,” he stated in his keynotes speech. “Instead you’ll see one or two perfect suggestions that perfectly capture what you want to watch right now depending on your mood and who is with you, who is sitting with you at the TV right now. I think this version is possible.”

He also discussed the limitations of traditional broadcasting, and what he called the “tyranny of the grid”- the way that traditional TV broadcasting relies on a fixed, 24-hour schedule of programmes, usually dominated by what’s universally popular, and not necessarily artistically valuable. Netflix, Hunt stated, aimed to use its data to provide “48m different channels for 48 million different subscribers”, giving a home to cult and niche programming as well as common-denominator favourites. For instance, Netflix made the fourth season of beloved cult comedy Arrested Development, after it was axed by Fox in 2006 due to low ratings. It also alleged a new season of sci-fi cult hit Firefly in the meanest April Fool’s joke ever.

However, whilst Netflix will be using its big data to know your tastes better than you do, it will not be using Big Data to optimise the shows it makes. Speaking at the inaugural Code Conference this week, Hastings stated that data wouldn’t be trampling on the artistic vision of the show’s creators any time soon. “If you have great creators, and you give ‘em freedom, you can end up with an incredible product,” he stated.

He did say, however, that he let House of Cards creator David Fincher know exactly how many people switched off when Kevin Spacey’s character strangled a dog. Fincher replied “Don’t ever tell me that again”.


Join the Partisia Blockchain Hackathon, design the future, gain new skills, and win!


The two speeches seem to add up to a vision of using data to steer customers to quality content, rather than let data tamper with the quality of the content itself. If you want to experience the quality of Netflix’s content yourself, we recommend the second season of Orange is the New Black, which premieres on Netflix this Friday.

Read more here.
(Photo credit: Photo Giddy)

Follow @DataconomyMedia

Tags: EntertainmentNetflixTelevisionWeekly Newsletter

Related Posts

Consensus AI makes accessing scientific information easier than ever

Consensus AI makes accessing scientific information easier than ever

March 27, 2023
ChatGPT now supports plugins and can access live web data

ChatGPT now supports plugins and can access live web data

March 24, 2023
business intelligence career path explained

From zero to BI hero: Launching your business intelligence career

March 24, 2023
What is the Microsoft Loop app, and how to access it? We explained everything you need to know about the new Notion rival. Keep reading...

Microsoft Loop is here to keep you always in sync

March 23, 2023
Adobe Firefly AI: See ethical AI in action

Adobe Firefly AI: See ethical AI in action

March 22, 2023
Runway AI Gen-2 makes text-to-video AI generator a reality

Runway AI Gen-2 makes text-to-video AI generator a reality

March 21, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

LATEST ARTICLES

Explained: Is ChatGPT plagiarism free?

How can data science optimize performance in IoT ecosystems?

Consensus AI makes accessing scientific information easier than ever

A comprehensive comparison of RPA and ML

ChatGPT now supports plugins and can access live web data

From zero to BI hero: Launching your business intelligence career

Dataconomy

COPYRIGHT © DATACONOMY MEDIA GMBH, ALL RIGHTS RESERVED.

  • About
  • Imprint
  • Contact
  • Legal & Privacy
  • Partnership
  • Writers wanted

Follow Us

  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
No Result
View All Result
Subscribe

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy.