How can I build my own Netflix-like subscription streaming video site?

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The growth of the subscribers for a video streaming platform like Netflix can be easily witnessed on our nearby people as most of them must have a subscription to one or the other streaming platform. As per the recent report Netflix had estimated a growth of 7 million subscribers for the month of March 2020 but due to Covid-19, the actual increase in subscribers was 15 million in just one month.

That fact alone is proof that there is a huge demand for original and unique video streaming service. So it is no surprise that I see a lot of people asking the question on How to create an app like Netflix and how much does it cost

Steps to build a video streaming website

1. Type of Content

2. Availability of Content

3. Monetization Strategy

4. List out the resources required to fulfill your requirements

5. Development, Testing & Launch

6. Measure and Improve