Rewind: Netflix Day One
When was Netflix founded?
1997
What major change did Netflix introduce in 1999 that eliminated late fees?
The unlimited monthly subscription model
What major shift did Netflix make starting in 2007?
They pivoted from DVDs to streaming
What Netflix series stars a teenage girl and her supernatural family at Nevermore Academy?
Wednesday
What did Netflix sell when they first began?
DVDs
By the early 2000s, Netflix opened over 30 distribution centers. What was the main benefit of this?
1–2 day DVD delivery to most U.S. households
Why did Netflix believe streaming was the future?
Faster internet would soon support real-time video
What show is Netflix’s most-watched series ever, with over 1.6B hours in 28 days?
Squid Game
The advertising-supported subscription brings in zero revenue for Netflix since it is purely a promotional tool to encourage people to update to the ad-free plans (True/False)
False
Which major competitor entered the market with a cheaper $12.97/month plan, forcing Netflix into a price war?
Walmart
What was Netflix’s goal in giving streaming to DVD users for free?
To train millions of DVD subscribers to adopt streaming
Guess the show by emoji :
🧒🍟🚲👽🌌
Stranger Things
What was the main reason Blockbuster was declining in popularity?
Late fees
In 2004–2005, Netflix’s customer acquisition costs jumped to $35–$40. What caused this?
Increased competition
In 2011, which device category accounted for the majority (50%) of Netflix streaming?
Game consoles
Which Netflix period drama sparked a major increase in corset sales after its release?
Bridgerton
If the increase in Netflix's annual revenue from 2002 to 2024 were laid end to end using $50 U.S. bills, the total length would be enough to wrap around the Earth's equator more than three times (True/False)
True
Why wasn’t Netflix’s subscription model enough in 2006?
Blockbuster’s 9,000+ stores and same-day rentals still beat Netflix’s slow mail system
What was the core mistake behind the “Qwikster” debacle?
Separating DVD and streaming into two services
Which Netflix show became the first streaming series to win the Emmy for Best Drama?
The Crown