Tuesday, September 10, 2024

Group Discussion_Group 1

 Group 1

Au Ka Chun, Thad

Chau Yee Ki, Joyce

Wong Ying Kit, Alpha

Lam Chak Fung, Alex

Ng Hio Tong, Toby

Lai Ka Yin, Rika


Netflix

  • Changes

    • Netflix was launched as a mail-based rental business in 1997. 

    • In 2007, the Company launched a streaming media service, introducing video on demand via the Internet. 

    • In 2011, Netflix began its efforts into original content development and shifted its focus to producing original content in 2013

    • In 2023, Netflix began livestreaming with its stand-up special Chris Rock: Selective Outrage.

    • In January 2024 Netflix said it had inked a 10-year deal with World Wrestling Entertainment (WWE) to stream a weekly live professional wrestling program

  • 3Cs model

    • Business model

      • Mail-based, subscription, production of original content, live streaming, in-app gaming

    • Key competitors

      • Amazon, Disney+, HBO, Apple TV, Hulu, Paramount, Youtube, TV stations, movie production and distribution, entertainment companies

    • Clients: 

      • Individual subscribers, advertisers, content creators, TV stations, movie production and distribution, entertainment companies

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