from the we-need-more dept.
[two years ago] Netflix had 49 of the Top 250 movies on the IMDB list. That's just under 20 percent, which isn't terrible.
But we wondered how that number has held up over the last two years in the face of a quickly shrinking library. So we reran the analysis. How many of the top 250 movies does Netflix now have?
As of September 2016, that number has dropped to 31, or about 12 percent.
Earlier this year, David Wells, the streaming company's chief financial officer, said Netflix wants half of its content to be original productions over the next few years.
"We've been on a multiyear transition and evolution toward more of our own content," Wells said in a conference call in September, as reported by Variety.
Does carrying old movies and TV series really matter in a world that has already seen all of them dozens of times?