Streaming services have been investing heavily in global content production and licensing as American audiences grew more interested in foreign content in recent years. The demand for non-English digital originals grew from 5.9% of the total demand for streaming original shows in the first quarter of 2020 to 8.5% at the end of 2022, according to Parrot Analytics’ data, which takes into account consumer research, streaming, downloads and social media, among other engagement.
The goal now is to create hit shows that are successful around the world, including in the U.S., with examples like “Money Heist,” “Squid Game” and “Dark.” Although Netflix takes the lead when it comes to non-English content, rivals are trying to catch up.
According to the Wall Street Journal, Disney announced it would spend up to $9 billion a year on worldwide content for Disney+ by 2024. Meanwhile, HBO Max announced it would produce more than 100 local-language projects for Latin America...
The goal now is to create hit shows that are successful around the world, including in the U.S., with examples like “Money Heist,” “Squid Game” and “Dark.” Although Netflix takes the lead when it comes to non-English content, rivals are trying to catch up.
According to the Wall Street Journal, Disney announced it would spend up to $9 billion a year on worldwide content for Disney+ by 2024. Meanwhile, HBO Max announced it would produce more than 100 local-language projects for Latin America...
- 3/24/2023
- by Daniel Quinaud
- The Wrap
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