Walt Disney, a name that would forever be in the history, was born on 5 Dec., 1991 in Chicago. He was a very creative child and he started selling his creative paintings to his neighbors. He started his company name Laugh-O-Gram which went bankrupt later during Alice Wonderland project. He went through a lot of hard-work. Disneyland started on 17 July, 1955.  

Not only we have spent our childhood while watching the movies made by Disney but we have been spending our current time while watching the movies made by Disney which are making everyone crazy all over the world.

Have you heard of the name of the movies like Black Panther and Avengers: Infinity war?

Of course, you would have, after all who doesn’t?

These movies are made by the Disney itself. They have a very higher market share in comparison to other studio. Disney has been growing like crazy over the past few years. In the recent years, Disney’s revenue has grown so much. In 1993, they bought up like$8.5 billion and in 2020, it went up to $65 billion.

Isn’t it amazing?

Disney is 8.5 times bigger than they were 25 years before. A big part of their growth can be assumed from their strategic acquisitions. One of them was of $71 billion acquisition involving Fox’s assets that was finalized in March, 2019.

In 1993, Disney bought Miramax, a movie company, for $60 million and really turned them into something. After running it for 17 years, they decided to sell in 2010. They ended up selling it for 660 million dollars.

In 1995, Disney spent $19 billion for Capital Cities. Capital cities had bought the TV network called ABC who was already the owner of ESPN. In 2001, Disney acquired Fox Family for about $2.9 billion. They quickly renamed it as ABC Family. In 2004, they bought Pixar for $7.4 billion, at that point Pixar had yet to create anything that could blow up the audience’s mind. In 2009, they bought Marvel for $4 billion and this acquisition is being continued to talk about the people. But before the acquisition, Marvel already sold a lot of character like Spider-man but Disney did get some good ones. In February 2015, Disney, Marvel Studios, and Sony made a deal to share the Spider-Man film rights. In 2012, Disney paid $4 billion dollars to buy Lucasfilm which is the owner of the Star Wars franchise.

Disney will continue to be dominant in the movie and streaming industry and would provide us with some marvellous movies in upcoming years.

Jeanne Marie Leprince d Beaumont published Beauty and the Beast in 1756. Her story, a short and sweet tale with a small cast of archetypal characters, loving yet helpless father, the protective brothers and jealous sisters, and the hideous but noble hearted hero. Beauty, the youngest, as she was handsomer, was also better than her sisters. The two eldest had a great deal of pride, because they were rich. They gave themselves ridiculous airs, and would not visit other merchants daughters nor keep company with any but persons of quality. They went out every day to parties of pleasure, balls, plays, concerts, and so forth, and they laughed at their younger sister because she spent the greatest part of her time in reading good books. One day her father mistakenly got shelter at Beast’s castle which made Beauty to come their to save her father. Beast, a prince, lost his father at young age. Selfish prince who along with his castle servants is cast under a curse by a wicked enchantress. The prince is turned into a beast, and sentenced to live as a beast until he learns to love and accept love in return. After Beauty comes into his life everything changes and later he becomes human by getting love from Beauty.

Petrus Gonsalvus, Spanish, Pedro Gonzalez, lived during the period 1537 to 1618c, referred to by Ulisse Aldrovandi as ‘the man of the woods’, was born in 1537 in Spain. His life has been well chronicled as he became famous during his lifetime because of his condition, hypertrichosis. Gonsalvus first came to the court of Henry II, King of France in 1547, and was sent from there to the court of Margaret of Parma, regent of the Netherlands. He married while there, later he was moved into the court of Alexander Darnedest, Duke of Parma. Four of his seven children were also afflicted with hypertrichosis universal is and painted. His family became an object of medical inquiry by Ulisse Aldrovandi among others. Despite living and acting as a nobleman, Gonsalvus and his hairy children were not considered fully human in the eyes of their contemporaries. But the power of strength came from his better half, his wife. Gonsalvus eventually settled in Italy with his wife. It is believed that marriage between Petrus Gonsalvus and Lady Catherine may have partially inspired the the fairy tale Beauty and the Beast. The greatness of a lady made history and romance.

I couldn’t even tell you how much time I’ve spent watching Netflix.

Today everyone thinks of it as a video streaming service but I’m sure many of you remember that they actually started out by renting DVDs.

There were two people who started Netflix together, they were Marc Randolph and Reed Hastings. Before founding Netflix, they were working in the software industry in the Silicon valley.

In 1991, Reed Hastings was the co-founder and the partial owner of a company named pure software. Within five years, that same company became so big which made it involved in a near billion dollar merger to a company named Atria that further made a new company called Pure Atria.

Soon after that, they acquired a small start-up with only nine people in it and Mark Randolph was one of those people. He became the Head of the Marketing where he soon started working with Reed.

They became quite good friends as they used to live close together. After one year of that big merger, Rational software acquired Pure Atria. This transition led them to leave the company for the better. They had the money, experience and the time to think of a new business. They used to research on ideas for their new business in the big portion of the day.

They knew that internet community was growing at an excessive limit and will continue to grow in the future as well but they didn’t know what products to sell.

They were gravitated towards the ideas of movies but then they extract the exact potential of DVDs. For them, DVDs could bring them a profitable business. DVDs were released in early 1997 in United States and these two started testing them immediately.

They test these with CDs and the test went well. In April of 1998, they started NETFLIX. It is a startling fact that if DVDs would not have been released at that exact moment then Netflix was most likely would never been existed. So, starting of something can lead to the generation of something more marvellous phenomenon and only a starting push is required to do so.

When the service first started, they offered DVDs for a 7 days rental period. They procured more money by selling them rather than renting them.

In 1999, they completely stopped selling movies and it was kind of a bold move to cut off their main source of the revenue. For that year, their sales accounted for only 3%. They were getting sales due to lack of competition but once the competitions start their sales could have gone down. So, they came up with the idea of monthly subscriptions…

They called it as Marquee Program where some one can four rentals for $15.95 per month which also included shipping in it. In February, 2000, they extended their subscription to unlimited rentals at $19.95 per month with the limit of 4 at a time.

There were no due dates or late fees in Netflix which people hated in other rental shops. They always thought of a strategy for a long term. Basically, they were never concerned about making quick money. They wanted their product to be known for the better.

For their first five years, Netflix made about nil money and they sacrificed something to get much better in the further future.

Reed Hastings keep investing his money on Netflix for a long period of time. Even though the company was facing the losses, it had believers.

In 2002, they raised 82 million dollars through a public stock offering. Netflix went crazy with their marketing budget.  They would run advertisements all over the internet. They would run radio commercials, prints, mails and they even had the free trials to promote Netflix every place they could get into. Needless to say, all that hard work actually got paid off.

In 2004, they announced their partnership with TIVO saying that they would work together to develop an effective way of streaming movies over the internet. Everyone was excited about this. In reality, it was in 2007 when Netflix actually started its first streaming through their watch now service.

Today the streaming service make up of 98% of their total revenue and Netflix has become a leader of its own in the streaming of movies.