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An online source revealed, ‘’Live streaming is expected to be a $70.5 billion worth industry by 2023.’’

Movie streaming websites have grown popular over the years due to the high demand of convenience in streaming video-on-demand content.

An online source reveals, ‘’15 percent of U.S. adults aged 18 to 34 reported that they watch livestream videos several times a day.’’

The pandemic has led to a change in multiple sectors including the entertainment industry.

If you’re looking to build an efficient streaming platform like Netflix, this blog will be your guide.

The Need To Create A Movie Streaming Website In 2023?

If you’re looking to build a video streaming webiste like Netflix, as stated earlier, you’re entering into a profitable business.

At a time where the online platform is booming, you can take advantage of the demand.

A creation of your movie streaming platform can offer you multiple perks.

To name a few are, form a bigger community, drive better revenue, compete better in the market and much more.

How To Create A Movie Streaming Website?

The number one factor that attracts viewers to your movie streaming website is the type of original content you offer.

Viewers will always prefer a platform that can offer them high value for money.
When you decide to create a movie streaming website ensure that from the content you offer to the monetization model, every step should be convenient for your viewers.

Apart from this, having the right kind of features is also an important consideration when creating your own movie website.

Top 7 Must Have Features When Building A Movie Streaming Website

1. Video Distribution and Syndication

With an efficient movie streaming solution, the number one feature that needs to be included is an efficient video distribution system. Also with the assistance of video syndication tools, you have complete control over the content and management of revenue.

2. Offline Download

Having an offline download feature is a great option, as it lets viewers download their favourites to watch it at their convenient time. While online is a common feature, having an offline feature is an add on and a preferred feature amongst viewers.

3. Adaptive Bitrate Streaming

The adaptive Bitrate streaming is a great feature to not compromise on the video quality. It ensures that any video content can be streamed on any bandwidth network without any buffers or lags.

4. Content Management System

A great content management system is a great way to streamline content to viewers. Thus ensure this feature is included in your streaming website as it will ensure viewers receive the ideal content they wish to watch and along with that you can manage, store and stream content.

5. Login credentials- Social

Having a login credential helps to provide the right privacy for your viewers. With a single sign up option, viewers can easily access your website with a secure social login.

6. Faster Playback

Having a faster playback feature has its own perks. To name a few are creating thumbnails, replaying ads in the media player and more.

7. Diverse Video Format

You should always have a multiple video format option so that the media fits every video format. The purpose is to ensure that the movie streaming is of high quality.

5 Monetization Models To Consider For Your Movie Streaming Website

1. Advertisement

Placing ads between the movie streaming has higher chances of it being viewed. You can even earn the revenue of placing those ads on your movie streaming website.

2. Premium

Premium is another way to generate revenue for your movie streaming website. Viewers will pay an additional fee to stream any exclusive content. Many viewers prefer to spend an additional fee to watch the latest movies or tv shows.

3. Subscriptions

Subscriptions refer to the process of watching streamed content by paying a fee for a set period. An example of this is Netflix, where you subscribe to the app for a certain time and have access to a range of diverse content libraries.

4. Promotions/Coupons/Discounts

Offering promotions, coupons or discounts can also increase your revenue opportunities as well as spike your viewer count. Using this marketing tactic, capturing the interest of viewers is higher.

5. Streaming Ads ( In-between)

Another great way to generate revenue is via ads. To make it more efficient, ads can be included in between the movie streaming.

Conclusion

The decision to build a website like Netflix is a profitable decision to make in 2023.

In a time where online video platform are booming, creating your own movie website has its own perks.

Now that you have all the essential information needed to get started with to build a movie streaming website, you’re on the right track.

To seek the right assistance, invest in a reliable movie streaming solution that offers great features and makes the process simpler.

So tell us, when do you plan to get started?