Netflix-The Way Ahead
Case Code: BSTR678 Case Length: 13 Pages Period: 2007-2022 Pub Date: 2024 Teaching Note: Available |
Price: Rs.400 Organization : Netflix, Inc Industry : Leisure & Entertainment Countries : United States Themes: Corporate Strategy, Business Environment, Business Level Strategies |
Abstract Case Intro 1 Case Intro 2 Excerpts
The Beginning
Netflix was started in 1997 by Hastings and Mark Randolph as a DVD-rental service and it later became popular for its mail order service. In 1999, it introduced a subscription service in which subscribers could rent as many DVDs as they wanted without any additional cost. The 2001 Dot-com bubble impacted the company adversely and its competitor Blockbuster offered to buy Netflix for US$ 50 million, but Netflix turned down the offer. In 2002, Netflix went in for an IPO and was listed on the NASDAQ..
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