Professional Documents
Culture Documents
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NETFLIX
History
Founded by Marc Randolph & Reed Hastings on Aug 29, 1997
in California.
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NETFLIX Milestone
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NETFLIX
Competitors
Prime Video
With a gross revenue of $25.21 billion, Amazon
Prime Video is the biggest competitor of Netflix. The
extensive scale of operations in 22 countries gives
YouTube TV
Amazon Prime Video an enormous subscriber base YouTube TV is another Netflix competitor giving a tough
of 200 million. fight with annual revenues of $19.8 Billion. Its extensive
operations in the US give it a paid subscriber base of 3
Prime Video Million. Launched in 2017, the company offers live tv at
Disney+ is another major Netflix rates cheaper than typical cable and satellite options. The
competitor, with annual revenue stands at television streaming service offers live TV, on-demand video
$17 Billion. It has effectively captured a and unlimited free cloud-based DVR (digital video recorder)
gigantic market share of 116 million paid from more than 85 television networks like Fox, FX, AMC,
subscribers across 53 countries in less CNN, TBS, Discovery, and ESPN. Access to YouTube
than two years of its launch, owing to the Originals with its subscription is an added benefit.
enormous fan base of Disney.
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NETFLIX
Strengths
STRENGTHS
Let’s take a look at some of the factors which set Netflix ahead of its competition.
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WEAKNESSES
Restricted Copyright Policies.
Despite all its strength, there are still some areas of
weakness in the Netflix business model. Worrying Relationship With Debt.
The Company Has Lost Its Price
Competitiveness.
Recent Subscriber Loss.
Over-reliance on their North American
Market.
NETFLIX
Weaknesses
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NETFLIX
TEXT HERE
OPPORTUNITIES
New Innovative Customer-centric
Services.
Strategic Re-branding.
There Is Still Further Room for
Expansion.
Offering More Local Content.
Netflix Threats.
Rising Competition from Other
Streaming Services.
Rampant Content Piracy.
Password Sharing
Failure to Invest In a Greener
Future.
Slowing Growth in the North
American Market
Rising Operational Costs
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CONCLUSION:
For Ex: The Viral Fever Videos (T .V .F) in India
founded by Arnubh Kumar