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Agree, it seems that the business model change of going from DVD by mail to streaming are much more profound, than what is usually discussed. With everyone goin
by xsenna 6y ago
Agree, it seems that the business model change of going from DVD by mail to streaming are much more profound, than what is usually discussed. With everyone going into streaming, it looks like at least in short-term perspective we are moving to a cable network of streaming channels, with 4-5 networks being owned by a single household that wants to see all that's good out there.
- PaulHoule 6y agoNetflix is incompletely understood by most people because it's growth unfolded over a long time and it went through a few sharp pivots. DVD-by-mail is gangster in terms of intellectual property, but the studios could do nothing about it (e.g. it is like a book) What Netflix gets for it is a huge and loyal customer base. The studios are then willing to license the streaming rights because they get more that way then they get in DVD-by-mail. Netflix is busy making streaming delivery work. As the scale changes Netflix goes from rent to buy, from David to Goliath. So far Reed Hastings has been thinking a step ahead of others in the industry at each juncture.