
Netflix vs Blockbuster - Interview with Rich Greenfield | 8
Business Wars
00:00
What's the Smartest Move in the Media Business?
Netflick acquired stars rights, which was a seminal moment in the history of netflicks. By getting out of the stream business, they turned a loss into a profit. i think maybe the whole idea of binging, you know, it was brought up during the business wars episodes of this idea of the neflick effect. I think te probably one of the most interesting strategic moves was that, as he got more and more content, to binge, that what ended up happening is people ended up binjing and then binjing and never going back to live.
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