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In 1997, Hastings and Randolph mailed a DVD to see if it would be delivered without damage. Netflix was created because a new market (home delivery of movies) w
by eruleman 5y ago
In 1997, Hastings and Randolph mailed a DVD to see if it would be delivered without damage. Netflix was created because a new market (home delivery of movies) was created by an emerging technology.
10 years later, Netflix kick started the streaming revolution. In 2008, Netflix licensed the Starz catalogue of 2,500 titles.
In a podcast episode, Ben Thompson said Netflix was his favorite company to write about because they have successfully transitioned their business model multiple times to take advantage of technological shifts.
https://podcasts.apple.com/us/podcast/ben-thompson-platforms-ecosystems-and-aggregators/id1154105909?i=1000476526879 https://podcasts.apple.com/us/podcast/ben-thompson-platforms...
- pySSK 5y agoThe always had streaming in mind though but the infrastructure for it did not exist for mass adoption. They used DVD and USPS to gain footprint get off the ground. This enabled Netflix to wait it until the market was ready for their big tech-play. c.f. SV failures like WebTV and General Magic who were ahead of their time but the market/infrastructure didn't exist.