The Netflix Model of TV
Words: 843 Pages: 3 4406Netflix was co-founded in 1997 by Marc Randolph and Reed Hastings. One year later, Netflix.com becomes an online rental service, delivering DVD's by mail. Netflix's rapid evolution is no mistake. In 1999, the service was revolutionized offering content from a large selection, for a monthly fee. By 2000, the site creates a recommendation system presenting accurate suggestions to members. In 2002, the company made a public offering of their securities. Three years later, membership increased from 600,000 to 4.2 million. […]