Will Netflix Be A Game Changer to the Movie Business?

The video discusses Netflix's strategic goals, focusing on its efforts to disrupt the movie industry and its financial strategies. Reed Hastings' leadership is highlighted, emphasizing his willingness to disrupt his own business to stay ahead. The video also covers the impact of subscriber demographics on Netflix's success, noting the shift in viewing habits towards streaming platforms.

What strategic move did Reed Hastings make to ensure Netflix's future in streaming?

• He partnered with cable networks for content.

• He invested heavily in traditional TV advertising.

• He quickly transitioned from DVDs to streaming.

• He focused on expanding the DVD rental business.

What is Netflix's next big challenge in the movie industry?

• Shortening the time between theatrical release and streaming availability.

• Reducing the cost of movie production.

• Increasing the number of movie theaters showing Netflix films.

• Partnering with traditional TV networks for movie distribution.

How does Netflix plan to finance the early release of movies on its platform?

• By increasing subscription prices for early access.

• By reducing the number of original series produced.

• By cutting costs in other areas of the business.

• By partnering with traditional movie studios.

What percentage of millennials are subscribed to Netflix, according to the transcript?

• 25%

• 50%

• 75%

• 90%

How are millennials primarily consuming television content?

• In movie theaters.

• Through traditional TV sets.

• On tablets and computers.

• Via radio broadcasts.