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Yes. They've evolved and executed repeatedly in the 20 years since they started. DVDs by mail->Streaming Online->Original Content->Global Market. One misstep w
by 11thEarlOfMar 9y ago
Yes.
They've evolved and executed repeatedly in the 20 years since they started. DVDs by mail->Streaming Online->Original Content->Global Market. One misstep was to try to separate the legacy DVD business as a stand alone brand and charge separately for streaming. That failed pretty spectacularly, so they quickly bailed on the idea[0], said their mea culpas and went on to triple revenues over the 5 years since.
We can expect Netflix to grow into the Earth's TV station, hyperbole and all...
[0] http://business.time.com/2011/09/19/netflix-admits-it-messed-up-will-split-dvd-and-streaming-into-two-businesses/ http://business.time.com/2011/09/19/netflix-admits-it-messed...
- ethbro 9y agoI think Netflix looks like a less pie-in-sky, but still incredibly innovative and responsive, Amazon. You're not paying for their current business, you're paying for their ability to execute now and in the future.