How do I get started opening an online video streaming company?
Please advise me on how I can open an online video streaming company like Netflix. From where can I collect videos?
To get started you’ll be needing the following.
1. A website or app (or both if you are catering through both mediums)
i) Admin backend
ii) Frontend (UI and UX)
2. Hosting service
3. Streaming with Live streaming support
To develop from-the-scratch, you’ll be needing a team, of course, it takes time and capital involved will be huge. A better alternative is VOD platforms that are readily available with all essential features and customizability convenience (this is important to personalize website or app to your specifics).
Contus Vplay is a VOD platform that can help you go-to-market in quick time. It’s bundled with AWS Cloud hosting, WOWZA live streaming support, readily built back-end infrastructure that’s customizable, accommodates 3rd party APIs, open-source video player and Google Analytics integration to track users.
The VOD platform is already serving Nascar live streaming websites, educational institutions and media brands to stream live and embedded video contents.
There are a number of things you need to consider when looking at providing streaming services, which is why new services do not pop up like mushrooms!
First, you need licensing agreement with content providers. If you do not have this, the licence holders can demand your ISP and Hosting Company to stop your services and they will! We run a hosting company and like all hosting companies the standard terms and conditions says “Your content and services must not breach copyright laws, anti-discrimination laws, contain violence, encourage violence, contain sexual acts, indecent materials, etc....... . Services will be withdrawn within 7 days of a justified complaint, and you will not be entitled to any refund or compensation if seizure of service is due to copyright disputes or content that breaches our code of conduct.....” You will find this standard on all reputable hosting companies.
Second, is capacity. Streaming requires huge processing and infrastructure capacity including ISP links. Most hosting companies (and I include us in this) have a “Fair Use Policy” which roughly speaking means any customer using the hosting company's infrastructure cannot exceed 5% of the total capacity. You will bust this even if you are half successful let alone if you are a hit.
Finally, the cost of creating your own infrastructure is enormous, typically starting from $300k and that assumes you find a location provider to locate your hardware as this cost excludes premises. Usually these costs together with licences run into millions of dollars.
I am not wishing to rain on your parade, but you need to be aware of what you are getting into, specially if you are trying raise venture capital or financing. Streaming at commercially viable levels are expensive business and require a pile of cash and patient investors.
Best of luck.
When it comes to how to build a video on demand website like Netflix, questions arises...?
Should I opt for a Custom development?
Would a Netflix Clone Work
Can I go for a Readymade solution for building vod website like Netflix ?
StreamView-VOD Software is a Netflix Clone with all the standard features of Netflix. This video on demand script is highly scalable and can be customized. StreamView-VOD S/W is Netflix clone with all the standard features of Netflix. This video on demand script is highly scalable and can be customized. StreamView has Multiple features to Suit your requirement o start your own Video Streaming Website Like Netflix.
Multiple Monetization Channel
Multiple Upload Channel
Dynamic Admin Panel
PayPal Payment Gateway
Native Android and iOS App
Converting Video Resolution
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Start your own Video Streaming Website Like Netflix, Using StreamView, A Video On Demand Solution. StreamView offer a complete solution to launch a Netflix like website.
To begin with you can launch video streaming app. With proper publicity you can add more and more features to enhance your business.
If you need any help out tech experts are happy to serve you.