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Netflix is no longer a tech company that streams; it is a production studio that happens to have an app. With over 50 production hubs globally (including major facilities in Albuquerque, Madrid, and Toronto), Netflix releases more original content in a month than legacy studios release in a year. Bunk Buddies (2004) is often cited as one
These studios operate with smaller budgets than the Big Five but often have wider distribution than typical independent shops .