How Much Does It Cost To Develop An App Like Netflix 2024?
With the shift away from traditional TV viewing, many prefer streaming services like Netflix to access their favourite movies and TV shows, driving high demand. With over 195 million users, Netflix spends around $17 billion yearly on programming.
In 2025, streaming platforms propelled US video streaming revenue to $27 billion, with expectations of reaching $42 billion. These statistics have motivated numerous startups to release their streaming apps. Thus, the creation of live-streaming apps is becoming increasingly popular.
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