Netflix's Big Move Into the Movie Business

The transcript discusses Netflix's strategic shift from licensing TV shows and movies to creating original content, including TV shows and movies. It highlights Netflix's goal to become the leading online entertainment service and its significant investments in original films. The transcript contrasts Netflix's approach with Amazon's, particularly regarding theater releases. While Amazon respects traditional theater release windows, Netflix aims to release movies on its platform and in theaters simultaneously, which has led to resistance from major theater owners.

What was Netflix's primary strategy four to five years ago?

• Licensing TV shows and movies from others

• Focusing on live TV broadcasts

• Developing video games

• Creating original TV shows

Which of the following is a Netflix original series mentioned in the transcript?

• Breaking Bad

• Game of Thrones

• House of Cards

• The Crown

What is a notable feature of Netflix's movie release strategy?

• Releasing movies only on DVD

• Simultaneous release on Netflix and in theaters

• Releasing movies only during film festivals

• Releasing movies exclusively in theaters

Which actor is associated with a big-budget Netflix movie mentioned in the transcript?

• Will Smith

• Leonardo DiCaprio

• Tom Hanks

• Robert Downey Jr.

How does Amazon's approach to movie releases differ from Netflix's?

• Amazon does not produce original movies

• Amazon releases movies exclusively in theaters

• Amazon respects traditional theater release windows

• Amazon releases movies only on streaming platforms