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The difference between Blockbuster and Netflix was this: Blockbuster punished customers for being forgetful; Netflix rewarded them for being mindless.
Will Tavlin • Casual Viewing | Will Tavlin
When you think about it that way — that Netflix isn’t so much a network as they are a type of marketplace in which consumers can give their attention to creators — it becomes apparent that Netflix isn’t that far off from Uber or Airbnb or any of the other market-makers that are transforming industry-after-industry. Netflix: 1. Is an infinitel... See more
stratechery.com • Netflix and the Conservation of Attractive Profits - Stratechery by Ben Thompson
Netflix would charge customers a fixed monthly fee to rent up to four movies at a time. (This was soon reduced to three.) Customers could keep the discs as long as they wanted—no more late fees—but could only rent new movies after they mailed back the old ones
Will Tavlin • Casual Viewing | Will Tavlin
Film
MargaretC • 16 cards
In my view, the crux of Netflix’s situation is the opportunity to use its current international advantage to create sufficient material to feed both its domestic and its growing international markets.
Richard Rumelt • The Crux: How Leaders Become Strategists
Pocket.watch
pocket.watch
Content suppliers cancelled their license agreements. A weaker Netflix also became vulnerable to stepped-up attacks from Amazon and Apple .11 Figure 10.4 shows the movement of Netflix’s share price in the three months after the price increase in July 2011. The moral: one should avoid arrogance in pricing, especially after a run of enviable success.
Hermann Simon • Confessions of the Pricing Man: How Price Affects Everything
Film & TV
Amanuel Mengistu • 1 card