4min chapter

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(Bonus) The Rise And Fall Of Blockbuster Video

Techmeme Ride Home

CHAPTER

The Evolution of Netflix: No Late Fees and Subscription Models

This chapter explores the transformative impact of Netflix's no late fees policy introduced in 1999, which led to a remarkable 300% increase in subscriptions. It also examines the operational model of DVD rentals and the challenges traditional video rental stores faced amid Netflix's innovative approach to subscription services.

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