Netflix Persuasive Essay

159 Words1 Pages
As you have mentioned, it is necessary for Netflix to continue to leverage its competitive priority in an effort to lead the market. However, attempting to do so can prove to be difficult as well as inadequate in the long-run. The inevitability of the market itself changing in the long-term is looming over the video-streaming service market. In regards to the saturated competition within the market, Reed Hastings, the co-founder and CEO of Netflix, states “movies and television could become like opera and novels, because there are so many other forms of entertainment. Someday, movies and TV shows will be historic relics.” Hastings reveals that the consumer is faced with an inundation of entertainment outlets that in turn poses a threat to the

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