Netflix House: Can Streamers Turn Their IPs into Successful Experiential Retail?
With the entertainment industry constantly evolving, Netflix is taking a bold step by merging the digital and physical worlds through the introduction of Netflix House, a new experiential retail venture. Set to open in 2025 in Texas and Pennsylvania, Netflix House aims to immerse fans in their favorite shows and movies with interactive experiences, themed dining, and exclusive merchandise. As streaming platforms explore new ways to engage audiences, the question arises: can Netflix successfully transform its intellectual properties (IPs) into profitable, long-term retail experiences?