Netflix and its Effects on the Entertainment Industry
Words: 2256 Pages: 8 7461Abstract The disruptive primetime entertainment company Netflix was started as a DVD rental service focussing on logistics and delivery. Many analysts predicted the early downfall of the company due to rising competition and internet. But Netflix proved them wrong when this video-streaming service started in 2007 changed the way people watch TV and movies forever. Its subscriber based business model is very interesting as it is advertisement-free and attracts the customers through its personalised recommendation engine. The company's growth has […]