What the Heck is Going on with Streaming? An Irrevrent Look at Netflix (Episode 175)

Netflix is much more a prime example of entrepreneurship in action rather than Big Tech or current-day Hollywood. Born as a solution to a problem with Blockbuster -- which was so fat and sassy that when they had the opportunity to buy Netflix, they turned it down. It not only solved a problem with the Blockbuster model, and came up with an entirely new way of tracking data. Seeing an opportunity to expand into the online space of streaming video when even YouTube was young, it captured the imagination of those on the cutting edge of technology and proved an effective transition from physical media, which was starting to lose steam in the US. Then, they took the bold step of creating their own content, and began right at the top, creating a new mode for viewing. At that moment, other studios started feeling they could do the same thing... and everything went to hell. But that wasn't the end of the story...