Netflix's Decade of Streaming

The transcript discusses Netflix's transition from a DVD rental service to a streaming giant, highlighting the initial skepticism and eventual success of its streaming service. It covers Netflix's strategic move into original content production, starting with 'House of Cards', and the financial challenges faced due to high content production costs. Despite cash flow issues, Netflix's subscriber base grew significantly, and streaming became its primary revenue source.

What was the initial reaction of analysts to Netflix's move to streaming?

• They were highly supportive.

• They immediately invested more.

• They were skeptical.

• They ignored the move.

What significant step did Netflix take in 2013?

• Stopped streaming services.

• Started producing original content.

• Partnered with Blockbuster.

• Launched a new DVD rental service.

How much did Netflix spend on the first two seasons of 'House of Cards'?

• $500 million

• $200 million

• $100 million

• $50 million

By 2016, how many hours of original content had Netflix produced?

• 800 hours

• 600 hours

• 400 hours

• 200 hours

What percentage of Netflix's revenue comes from streaming video?

• 50%

• 70%

• 94%

• 100%