Netflix Opens an Online Shop, Taking a Page from Disney

Sam Blake

Sam primarily covers entertainment and media for dot.LA. Previously he was Marjorie Deane Fellow at The Economist, where he wrote for the business and finance sections of the print edition. He has also worked at the XPRIZE Foundation, U.S. Government Accountability Office, KCRW, and MLB Advanced Media (now Disney Streaming Services). He holds an MBA from UCLA Anderson, an MPP from UCLA Luskin and a BA in History from University of Michigan. Email him at samblake@dot.LA and find him on Twitter @hisamblake

Netflix Opens an Online Shop, Taking a Page from Disney
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Move over, "Netflix and chill," and make way for "Netflix and shop."

Taking a page from Disney, the video streamer debuted an online store for selling merchandise tied to its shows and brand on Thursday. Collectibles and streetwear from anime series "Yasuke" and "Eden" are now available, soon to be followed by apparel and decorative items from the French hit, "Lupin," designed in collaboration with the Louvre Museum.


Netflix's category expansion upon its intellectual property is a page from the playbooks of Disney and NBCUniversal, both of whom have long sold merchandise to squeeze revenue from the characters, stories and brands they bring to life on screen.

The online shop is Netflix's first direct foray into commerce. It comes on the heels of the company's forecast that 2021 will be the first year it can pay for its own projects without needing to raise external financing. First available in the U.S., the store will roll out to other countries in the coming months, according to a company statement.

Products are all limited-edition, with a current price range of $30 to $135. Upcoming lines will include merchandise tied to "Stranger Things" and "The Witcher."

The site sports a distinctive Netflix style and highlights the company's merchandise partnerships with three of what it calls "up-and-coming designers": Jordan Bentley, Nathalie Nguyen, and Kristopher Kites.

"We love it when great stories transcend screens and become part of people's lives," Netflix VP of Consumer Products Josh Simon wrote in a blog post. "We're always looking at how we can extend the world of our stories for fans, from apparel and toys to immersive events and games. And it's why today we're launching Netflix.shop as an exciting new destination combining curated products and rich storytelling in a uniquely Netflix shopping experience."

Simon left a similar role at Nike for Netflix in early 2020.

Despite its healthy lead in the streaming wars, Netflix is showing signs of waning growth. Numerous outlets have reported the company also harbors ambitions to expand into gaming.

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Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

LA Tech ‘Moves’: Mapp Gains New CPO and CTO, Prodoscore Taps Boeing Exec
LA Tech ‘Moves’:

“Moves,” our roundup of job changes in L.A. tech, is presented by Interchange.LA, dot.LA's recruiting and career platform connecting Southern California's most exciting companies with top tech talent. Create a free Interchange.LA profile here—and if you're looking for ways to supercharge your recruiting efforts, find out more about Interchange.LA's white-glove recruiting service by emailing Sharmineh O’Farrill Lewis (sharmineh@dot.la). Please send job changes and personnel moves to moves@dot.la.

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Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

Raises
Image by Joshua Letona

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Samson Amore is a reporter for dot.LA. He holds a degree in journalism from Emerson College. Send tips or pitches to samsonamore@dot.la and find him on Twitter @Samsonamore.

Gitai Secures $30 Million in Funding to Continue Space Robotics Developments
\u200bPhoto: Gitai

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