Netflix may have come to prominence as a company that sent out physical DVDs in the mail, but the company really took things to the next level when it turned its entire business model upside down and opted to focus on streaming video content instead. In hindsight, Netflix’s pivot towards streaming was incredibly prescient and helped kickstart a completely new era of media consumption.
Famously, Netflix’s streaming service was able to hit the ground running thanks to an endless amount of content licensed from third-parties. Notably, even the most popular content on Netflix today tends to come from outside the confines of Netflix, with Friends and The Office being two prime examples. All the while, the media giants that were licensing their older content to Netflix where wholly unaware that they were helping transform Netflix into a juggernaut capable of threatening their own business models.
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Disney+ is launching next month, and Netflix doesn’t seem phased at all originally appeared on BGR.com on Wed, 9 Oct 2019 at 21:03:42 EDT. Please see our terms for use of feeds.
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