If Netflix has brought a golden age of television in America, can its Essay

If Netflix has brought a golden age of television in America, can its expansion into Europe and other markets bring a golden age for international television dramas too - Essay Example In terms of the information represented within The Atlantic, it is clear and apparent that Hollywood has effectively been able to adapt to an international scope for its films. The article also indicates that he has not been so fast. It is at this juncture that Netflix wishes to fill the void and provide original programming from a litany of different foreign nations around the globe (Thompson, 2013). However, there is hope for a high level of profitability in this sector; as the article from Slate underscores. Likewise, a hidden and somewhat unforeseen problem that Netflix faces within Europe is the fact that it must engaged with a multi-lingual region and offer a litany of different subscriber content within national borders that ascribes to the given linguistic nature of the region. Whereas the success of Netflix in the US and in Latin America is part and parcel due to the fact that these regions are defined by only two languages, the challenges faced within Europe are more comple x. Although this article is useful in representing the range and extent to which Netflix can hope to penetrate new markets, it is also limited in that it does not fully consider unique dynamics of how foreign markets could present unique challenges to the business model that Netflix has been able to exhibit to such a great deal of success so far. According to the Slate piece, entitled, â€Å"The International Language of Tube†, service providers such as Netflix are open to capitalize on a market shift that is coming to be exhibited; one in which the consumer’s frustration with traditional television corresponds to the increased demands for the shows and entertainment that this traditional technology provides (Thomas, 2014). Moreover, the article cautions that traditional TV should be highly wary of the potential for firms such as Netflix to dominate the market; due