From Streaming TV to the Oscars: How Netflix Disrupted the Entertainment Industry (2024)

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Code: 1J0209

From its start as a DVD-by-mail rental service, Netflix has systematically changed the rules of the media business. Its introduction of streaming in 2007 led to the decline of such video rental stores as Blockbusters and dramatically increased the use of broadband internet.

Starting in 2013, Netflix’s introduction of its own programming, from House of Cards to The Crown to Stranger Things, challenged the traditional ways viewers watched TV. Now its original movies, like The Irishman and the three-time Academy Award-winner Roma, are upending the operations of the Hollywood studios.

Media expert Brian Rose explores how Netflix, with an ever-increasing budget of over $15 billion per year, service to 190 countries, and 150 million subscribers, is primed to become the dominant source of leisure time entertainment throughout the world.

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