Netflix and its Effects on the Entertainment Industry
Words: 1044 Pages: 3 8692Abstract The emergence of Netflix as a disruptive force in the entertainment industry is one of the most compelling stories of the digital age. Originally launched as a DVD rental service in 1997, Netflix seemed destined for an early demise due to rising competition and the advent of the internet. Yet, the company defied skeptics by pioneering a video-streaming service in 2007 that revolutionized how audiences consume television and movies. Unlike traditional TV models laden with advertisements, Netflix’s subscriber-based business […]