Netflix, the ten years that changed TV and global consumption
Streaming bigwig celebrates decade of global expansion: 135 billion invested in content, 325 billion global economic impact
by Andrea Biondi
There are also those who are not happy. In Texas, Netflix is being sued because, according to Attorney General Ken Paxton, the platform improperly collects user data and is designed to be addictive, especially among younger people. 'When you watch Netflix, Netflix watches you', is the phrase chosen by the prosecution to open the dossier. Also in the crosshairs end up mechanisms such as autoplay, that gentle and relentless little trick that turns one episode into the next before the viewer has even really decided to stay.
Netflix rejects everything: 'This lawsuit is baseless and based on inaccurate and distorted information'. And it claims to take 'the privacy of its subscribers very seriously'.
The International Jump
All this while the streaming giant celebrates ten years since its big international leap. And it does so by stringing together numbers that testify to continuous growth, always pointing upwards. Of course, the debate is open, and not as of today: has Netflix's arrival on the scene and its global expansion been a panacea for the economies of the territories or an element that has shaken the industry from its foundations.
Even on Wall Street, after all, the Netflix effect has been seen. Whoever had invested USD 10,000 ten years ago would today find himself with USD 97,370, with a compound average annual growth rate of 25.57%. Not bad for a company that, in January ten years ago, went from around 60 countries to over 190 in a single day.
At the time, it seemed like a geographical conquest. Today Ted Sarandos, co-CEO of the group, describes it in a blog post as a cultural operation: 'We were looking forward to bringing great stories from all over the world to viewers everywhere.

