2020 has surely been doomsday for thousands of businesses around the world. Although there is one industry, which laid down the fundamentals of our content and information consuming experience and enjoyed the fruits of success, The Over the Top platforms.
‘Liberating’ is the word many people use to describe these platforms, most of which are free from state censorship and contain a variety of genres. The number of OTT platforms has seen a spike in the last couple of years, not many though have managed to get as much success as Netflix and Hotstar.
Two streaming giants, originally from two different geographics have managed to become household names because of the quality, controversy, and discussion regarding the shows which feature on them.
Although, in the same field and with a more or less similar type of audience, there remains a lot of difference between them.
Netflix vs Hotstar
The main difference between Netflix and Hotstar is that Hotstar offers two subscription patterns (VIP and Premium), with differing nature of content. Netflx on the other hand doesn’t have different subscription layers on the basis of content.
Structurally, the payment option of Hotstar is dependent on the type of subscription which the user chooses, VIP, or Premium. Netflix has no such subscription layer, it determines the nature of payment according to the screen you prefer to view your content on.
Comparison Table Between Netflix and Hotstar
Parameters of Comparison | Netflix | Hotstar |
Created in | 1997 | 2015 |
Subscribers | 182 million | 73.7 million |
Highest IMDB rated movie (2020) | Schindler’s list | Interstellar |
Owned by | Reed Hastings | Star India |
Country of origin | United States of America | India |
What is Netflix?
Developed in 1997 by Reed Hastings and Marc Randolph, Netflix was a ‘Pay per rental’ DVD provider to start with. Today it is the largest content streaming platform in the world. Netflix was one of the first ones to start in this business and make it big by molding itself according to the needs of the times.
Netflix has over 183 million subscribers in 190 countries. It is not available in countries like Syria, North Korea, and China. Along with gigantic bases all over the planet, Netflix is mostly famous for the quality of content which it provides, the reach of the same, and linguistic diversity.
Netflix was the perfect thing to happen to the world in the late 20th century when the world was on a threshold of starting anew in many sectors. Many content creators and distributors were plagued by the concept of piracy around the same time. In the beginning, Netflix distributed authorized DVDs to people’s doorsteps. The makers might have had no idea that a small DVD distribution was going to help the sustenance of millions of lives, 20 years down the line.
Netflix’s graph was parallel to the growing popularity of pop culture. Just when DVD players were the new thing in the market, Netflix had launched the world’s first online DVD rental store.
On 10th July 2020, Market Capitalization declared Netflix as the largest entertainment media industry. Netflix doesn’t only stream movies by different national and international banners but also has its own in-house production house which makes movies across the world.