History of Netflix
True or false?
Netflix started out as a streaming platform
Netflix started out by shipping DVDs to homes
What happened to the companies that did not change their business styles? Ex Blockbuster
They went bankrupt
How did Netflix beat out Blockbuster?
By the use of Advanced technology
Why study Netflix?
Studying Netflix gives us a chance to examine how technology helps firms craft and reinforce a competitive edge in their market. We can learn how Netflix became a frontrunner, We can gain a deeper understanding of the technology.
What are the colors of Netflix?
Red and Black
When did netflix start streaming?
2007
How much did Netflix pay, on average, for each DVD shipped to a consumer?
$.88
How did Netflix use their advanced technology with the shipping of DVDs?
Netflix used custom built DVD and cd sorter, emails to let customers know their returns had been received, ordered DVDs and movies sorted and shipped by same machine within 8 hours.
True or False- more consumers have been switching from physical copies and cable TV to streaming platforms
True
What is the most popular show on Netflix currently?
Inventing Anna
What year was Netflix founded?
1997
How much does it cost Netflix to stream a movie or tv show through a TV?
$.05
What is the role of AI within Netflix?
The AI uses algorithms to determine what movies an individual might like and want to watch next which were super accurate.
How much is online streaming expected to grow by?
100B
How much does it cost to have Netflix?
$9.99- Basic
$15.49- Standard
$19.99- Premium
When did Blockbuster go bankrupt or shutdown?
Bankrupt in 2010
Shut Down in 2014
What percentage of Netflix cost was postage?
1/3
At its peak of its distribution, how many tech Distribution centers were there?
58
True or False- The convenience and savings offered by services like Netflix has not caused a shift in the way consumers watch movies and tv shows
False
How many show are on Netflix? (nearest hundred)
1800
Who holds the title for most used streaming service?
YouTube
Netflix in second
What is Netflix current stock price? Closest hundred
$392.56 as of 2/16
At its peak of its distribution, how many DVDs were shipped a day?
1.8 Million
True or False
Some shows are available in some countries while not be offered in other countries
True
Who owns or has the highest stake in Netflix?
Vanguard Group with 7.2%