Netflix: How a $40 Late Fee Revolutionized Television

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Business Casual

Business Casual

7 жыл бұрын

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Netflix is an American entertainment company founded on August 29, 1997, in Scotts Valley, California, by Reed Hastings and Marc Randolph. In 1998, about a year after Netflix's founding, the company grew by starting in the DVD by mail business. In 2007, Netflix expanded its business with the introduction of streaming media, while retaining the DVD and Blu-ray rental service.
Netflix entered the content-production industry in 2013, debuting its first series, House of Cards. It has greatly expanded the production of both film and television series since then, offering "Netflix Original" content through its online library of films and television.
Netflix released an estimated 126 original series or films in 2016, more than any other network or cable channel. In January 2017, Netflix reported having over 93 million subscribers worldwide, including more than 49 million in the United States.
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Пікірлер: 1 100
@BusinessCasual
@BusinessCasual Жыл бұрын
⚠ 📣 *MAJOR ANNOUNCEMENT:* Business Casual is suing KZbin. We have just published a feature-length documentary about our case. It is being censored. If you are a fellow creator, you need to watch this. ➡ kzbin.info/www/bejne/anrEgJiMnL9grcU
@piluex2
@piluex2 6 жыл бұрын
> Gets Charged 40 dollars at Blockbuster because he forgot to return a movie > Proceeds to destroy their company and bussiness model, effrctively erasing them from the map. What a madman.
@humbleyourselfnowhomiebeat6347
@humbleyourselfnowhomiebeat6347 6 жыл бұрын
piluex2 I would do the fucking same thing. Fucking maggots a 40$ late fee even if it isn't true Ballbusters late fees were insane.
@eishagraves6780
@eishagraves6780 4 жыл бұрын
Boss s***
@sammierose1150
@sammierose1150 4 жыл бұрын
Thug Life
@Nimmo1492
@Nimmo1492 4 жыл бұрын
r/nuclearrevenge
@shiladitya_biswas
@shiladitya_biswas 4 жыл бұрын
This should be a Netflix original
@carlosmalave540
@carlosmalave540 5 жыл бұрын
I find myself watching more KZbin than Netflix.
@mayamanign
@mayamanign 4 жыл бұрын
That will change soon with this assinine child protection bullshit.
@Crunch_Buttsteak
@Crunch_Buttsteak 4 жыл бұрын
Well you're not a movie fan.
@ryhanzfx1641
@ryhanzfx1641 4 жыл бұрын
@@mayamanign bullshit? You soon found out when you realize of the cursed unsafe contents your weirdo friend access to satisfy their awfulness on youtube
@roarforrohit
@roarforrohit 3 жыл бұрын
True!
@Crunch_Buttsteak
@Crunch_Buttsteak 3 жыл бұрын
@Nachtjager I buy my movies from retailers as well as a Netflix, Prime Video, HBO Max, & Shudder subscription. You seem a little upset with the name calling.
@avtii
@avtii 7 жыл бұрын
So in 1997 he was a millionaire but too embarrassed to tell his wife that he was due 40$ for late return, sounds true to me.
@AR7271
@AR7271 7 жыл бұрын
Yeah, that story does reek of bull shit. Although the part about bad customer service policies and fine print fees does ring true.
@kalisticmodiani2613
@kalisticmodiani2613 7 жыл бұрын
avtii during the dotcom bubble every startup had to have some bullshit origin story.
@flimbonimbo7259
@flimbonimbo7259 7 жыл бұрын
Netflix was all about reproving his worth to her, because you know to this day when they get into an argument she brings up, "Yeah well, you remember when you didn't return that damn movie?"
@Vedvart1
@Vedvart1 7 жыл бұрын
While unlikely, it does make a point which many people forget: rich people aren't stingy because they're rich, they're rich because they're stingy.
@OhioanGhost
@OhioanGhost 7 жыл бұрын
avtii $40*
@rentacowisgoogle
@rentacowisgoogle 7 жыл бұрын
When I had to cancel my Netflix subscription they refunded me everything I had paid, to the date, from the last time I streamed a video over a month ago. Good company.
@TheLippspa
@TheLippspa 7 жыл бұрын
rentacow why? was there a reason you actually got a refund
@rentacowisgoogle
@rentacowisgoogle 7 жыл бұрын
I hadn't used the service for over a month but had paid the subscription, so they refunded me the time.
@Peng_Pong
@Peng_Pong 7 жыл бұрын
Cool.
@MegaBluecream
@MegaBluecream 7 жыл бұрын
Amazon is like that aswell. Say you bought prime and never used it, just asked for a refund and they got you. If you did use it sometimes they will partial refund and deduct the amount of shipping it would have cost.
@AR7271
@AR7271 7 жыл бұрын
That's bad ass. I was signed up with Constant Contact and left the subscription on by mistake. I didn't use it for three months and when I went to cancel it they said, "Nope...no refund." Not even a partial. Bad customer service!
@CommandoMaster
@CommandoMaster 6 жыл бұрын
Blockbuster could have been the Netflix of today, but they were too arrogant and refused to change and adapt to new technology. This is an important case study for all businesses to review.
@tugarrote
@tugarrote 5 жыл бұрын
cabs could have been the uber and lyft of today but they........ and ...... adapt to new technology. It is an important case study for all businesses to review. Toys R us could have been the Amazon of today but........ This is an important...........to review. I'm waiting for someone to find idiots who are willing to take starbucks out by offering coffee at reasonable prices, like Mc.D's coffee for 99cents. what else does starbucks offer? volume produced pastries at obnoxious gouging prices!!?? who is willing to offer coffee for 20% of the actual rate like uber goobers and lyft shmucks do?
@TheChimples
@TheChimples 5 жыл бұрын
It happens all the time, there are countless "case studies" to learn from. In fact I don't think it was so much Blockbuster's refusal to adapt, as much as it was them betting on their position. And we see it go the other way all the time. How many electric car companies have vanished because the gas powered vehicle industry is just too well positioned to be pushed out to the way? You could argue they are also arrogant and refuse to change and adapt to new technology and you'd be right but in their cases it has held up. Sure the ICE industry is much bigger and stronger than Blockbuster but there are similarities in their respective positions...but maybe what Blockbuster failed to account for is human laziness and cheapness. That is the most important aspect of this in my opinion, how does new technology cater to human laziness and cheapness :D
@karl9460
@karl9460 5 жыл бұрын
Selling a service that removes part of your income (late fees) probably did not sound great to them at the time.
@kevinmael3862
@kevinmael3862 5 жыл бұрын
Blockbuster had the chance to buy Netflix but turned down the offer and the rest is history.
@tjperette5304
@tjperette5304 5 жыл бұрын
Apple Aya That makes sense. I feel like that’s a fair perspective.
@WhoopityDoo
@WhoopityDoo 7 жыл бұрын
I don't think it can be understated how much impact the PS2 had on people having access to a DVD player. It's one of the MAIN reasons the DVD format became standard.
@awolf3362
@awolf3362 7 жыл бұрын
Just imagine being in 57 million worth of debt and still thinking its a good idea; that's the mental toughness I long for
@sheldrake1111
@sheldrake1111 7 жыл бұрын
"Minnesota, locally known as Canada Lite" lol!
@masamune2984
@masamune2984 6 жыл бұрын
I remember working at Blockbuster, and from the second Netflix was announced, every employee except the stooges at the top knew it was going to be a game-changer, even if we didn't know the extent of how. When they offered to sell to us, us employees but the executives celebrated. When they laughed at Netflix's offer, we face-palmed. And later when they tried to play pathetic catch-up with their own service, just just kinda laughed and rolled our eyes. We tried our best as professionals and employees, but we knew it was game over. I'm glad Netflix came out on top though. Talk about vision and foresight, something John and the executives at Blockbuster sorely lacked at the time. :)
@lancehol
@lancehol 7 жыл бұрын
Netflix and other streaming video helped drive the nails into the coffin of that arrogant business called Blockbuster. Outstanding!
@PoochieCollins
@PoochieCollins 7 жыл бұрын
Netflix was losing millions of dollars every year at the time, to be fair.
@NSFSponsor
@NSFSponsor 7 жыл бұрын
Lance H I wouldn't have made the deal with them either. Look at it from their POV. A new company comes to you for a partnership and they haven't made a profit in 3 YEARS. Meanwhile you have billions. The heads at Blockbuster couldn't have known.
@niklass1641
@niklass1641 7 жыл бұрын
Blockbuster had it's head up it's ass for so long it was addicted to it's own stink. There was more than enough data presented to the Blockbuster execs to see clearly where the market was going, they knew full and well, however they were so entrenched in their business model of blood sucking their own customers with endless fees and fines they simply didn't care. They were convinced no matter how much the public hated dealing with them, they always would because, well... they were BLOCKBUSTER.
@F_And
@F_And 7 жыл бұрын
Poochie Collins it wasn't streaming video back then.
@PimpDaddyStyles
@PimpDaddyStyles 5 жыл бұрын
the path to business being done online is littered by giants at the time who could not see that digital was the future.
@petervisor
@petervisor 7 жыл бұрын
The "$40 late fee" has been reported as being a myth created by Netflix's marketing department.
@PainandMotivation
@PainandMotivation 7 жыл бұрын
Blockbuster is really angry.
@kvmairforce
@kvmairforce 7 жыл бұрын
Who is Blockbuster?
@IZY2091
@IZY2091 7 жыл бұрын
Sounds like one of those retro games people used to play before color was invented.
@marco1173
@marco1173 7 жыл бұрын
To this day it's still kicking itself in its corporate ass repeating over and over "Why the fuck didn't I buy Netflix?"
@chrizizdaman
@chrizizdaman 7 жыл бұрын
There are a few Blockbuster locations still opened.
@saudiprince6532
@saudiprince6532 7 жыл бұрын
PainandMotivation the only place blockbusters exist is in Alaska 🤣
@TheMainMan318
@TheMainMan318 7 жыл бұрын
I think this is the video that will set this channel off. It was in my recommended list and I'm so interested to hear about other companies and how I came to be. Great story telling. I subbed
@leahalexandra3717
@leahalexandra3717 7 жыл бұрын
Business Casual is my life.
@JayFi923
@JayFi923 7 жыл бұрын
Leah Whysall OK ?
@Muddles178
@Muddles178 7 жыл бұрын
0:58
@PoochieCollins
@PoochieCollins 7 жыл бұрын
I don't know why this is getting upvotes, but you're beautiful.
@chazzlucas6208
@chazzlucas6208 7 жыл бұрын
THATS REALLY SAD LEAH
@umkemesic
@umkemesic 7 жыл бұрын
Poochie Collins the code at :58 stated to comment "business casual is my life"
@ChrisRing101
@ChrisRing101 7 жыл бұрын
Great video, love hearing all the details about the history. The kitchen sink is hilarious!!! thanks for taking the time, subscribed and looking forward to more.
@nkwhph
@nkwhph 5 жыл бұрын
you do VERY GOOD research man. I am curious as to your process??
@iMiilk182
@iMiilk182 7 жыл бұрын
Please I MUST find the cute dogs gif at 3:34, it's a life-death situation
@mojo5398
@mojo5398 3 жыл бұрын
did u find it?
@Elliandr
@Elliandr 7 жыл бұрын
So a $40 late fee, combined with a single poor business decision, cost Blockbuster everything.
@fero8955
@fero8955 6 жыл бұрын
Well blockbuster did fair,It wasn't that Blockbuster tought that online streming was bad,They only tought That at the Time they could win Not That they would CERTAINLY win.and Netflix wasn't as Big back Then!
@Pastshelfdate
@Pastshelfdate 6 жыл бұрын
Very good, informative summary, and with enough criticism of Netflix that you don't appear to be shilling for them. Not just a puff piece. Thank you.
@TillsTech
@TillsTech 7 жыл бұрын
Every single one of your videos is brilliant and worth watching. Keep it up!
@TheInkPitOx
@TheInkPitOx 5 жыл бұрын
Today there is only one Blockbuster left in the entire world. It is in Bend, Oregon.
@servantkingtv2821
@servantkingtv2821 5 жыл бұрын
That one has closed also. Blockbuster is now extinct
@TheInkPitOx
@TheInkPitOx 5 жыл бұрын
@@servantkingtv2821 I find no source
@ilikeanalpoopoo3441
@ilikeanalpoopoo3441 7 жыл бұрын
weve had video on demand since the 90s. piratebay, Mirc, etc revolutionized the world, not netflix.. i love netflix, dont get me wrong.
@gorrillawarfair
@gorrillawarfair 7 жыл бұрын
Ilike Analpoopoo netflix did it legally though.
@ABigNUT69
@ABigNUT69 3 жыл бұрын
99% of people aren't going to, or don't want to, or didn't know how to use those tho.
@arponperfectmoney5468
@arponperfectmoney5468 2 жыл бұрын
Thank you for doing all this work.
@no1reallycaresabout2
@no1reallycaresabout2 7 жыл бұрын
These early Internet company pioneers really inspire me. And I like this series on business history; I've subscribed!
@jonathancorcoran9427
@jonathancorcoran9427 6 жыл бұрын
Can we get Business Casual on Netflix? I spent my entire day binge watching your videos!
@NoorquackerInd
@NoorquackerInd 6 жыл бұрын
Me, years ago: Blockbuster? Screw that! (a few years later) wait what where'd it go
@ElevateConcepts
@ElevateConcepts 7 жыл бұрын
Hey man I just wanted to congratulate you on both the wonderfully concise content you provided, as well as the stellar presentation in English. Well done, bravo. Subscribed.
@JF23334
@JF23334 7 жыл бұрын
Wow, great video. I predict much success for this channel. Keep up the good work!
@bitukukuasukgremany3
@bitukukuasukgremany3 6 жыл бұрын
I love the intro "Hello I'm watching KZbin" what's a video?
@wellgeo223
@wellgeo223 7 жыл бұрын
I've actually been disappointed with Netflix's algorithm. I feel it hasn't been THAT good at recommending films, even though I've watched a fair bit on it.
@NSFSponsor
@NSFSponsor 7 жыл бұрын
Маркус I watch one cartoon, get 12 animes. 🤔
@Ana-ty8sl
@Ana-ty8sl 6 жыл бұрын
Маркус same here, I wish the rating system was better!
6 жыл бұрын
Ana Lerdo well i know it could be better but my recomendstion is ok for now
@Reach1335
@Reach1335 5 жыл бұрын
Yeah I don't miss the new release sections but for the socializing with other people, but I do miss the old VHS and DVD sections with tons of gems in alphabetical order that don't get recommended nowadays on such platforms with a knowledgeable staff member in films from the 80s-90s.
@5005dave
@5005dave 7 жыл бұрын
Thank you for these videos ! They are awesome
@charmingyoutuber2408
@charmingyoutuber2408 7 жыл бұрын
Wow I LOVED this. This was a great utilization of presentation and energy . Yall have earned a subscriber here XD.
@acbc3543
@acbc3543 3 жыл бұрын
I watch both Netflix and KZbin! I’ve learned to cook a lot through KZbin
@playere25
@playere25 7 жыл бұрын
What is the name of the background music? Love it!!
@BusinessCasual
@BusinessCasual 7 жыл бұрын
It doesn't have a name yet I think. We have an in-house composer, Matt Reinhart! You can find all of his music on our Patreon page.
@Zibonnn
@Zibonnn 7 жыл бұрын
I found this channel recently and loving these videos! Keep it up!
@truthseeker4666
@truthseeker4666 7 жыл бұрын
Yet another brilliant video! this channel is a real gem! "Did I just walk into a jewel box?!"
@edwardgordillo4577
@edwardgordillo4577 7 жыл бұрын
i love your content !
@JB-sd5iq
@JB-sd5iq 7 жыл бұрын
The 9/11 -> Americans staying at home -> Netflix subscriptions sounds like an outrageous claim. Do you have anything to support that?
@BusinessCasual
@BusinessCasual 7 жыл бұрын
We source our videos from academic history journals (this one in particular from the International Directory of Company Histories). Can't share that volume without getting the copyright police on my tail, but here's the first source I found through a quick Google search: www.fundinguniverse.com/company-histories/netflix-inc-history/
@rrroach21
@rrroach21 7 жыл бұрын
Could you describe the true source to us then? Another website that regurgitates the same info does not qualify it as a source.
@Aahzmundus
@Aahzmundus 7 жыл бұрын
You could cite your source more specifically, so that people with access to that journal could look it up.
@BusinessCasual
@BusinessCasual 7 жыл бұрын
Sure thing. Source is International Directory of Company Histories, volume 115, page 353. It's an academic source that keeps detailed information on the histories of a lot (and I do mean a lot) of companies. It's very accurate and so far we haven't found a single mistake in it. Anyways, the quote from said source: "Following the September 11, 2001, terrorist attacks against the United States, the company's monthly subscription rate doubled, due as much to fearful Americans seeking refuge at home as to the dropping price of DVD players, which now could be purchased for less than $100."
@BusinessCasual
@BusinessCasual 7 жыл бұрын
Here's a link to volume 115 of that publication: www.cengage.com/search/productOverview.do?Ntt=international+directory+of+company+histories|13299140406636000662929691422023292207&N=197&Nr=197&Ntk=APG%7CP_EPI&Ntx=mode+matchallpartial You won't be able to read it though, unless you're a university student and your university has bought the license for it. Or, you could just shell out $397 for it ¯\_(ツ)_/¯
@chapinachika09
@chapinachika09 4 жыл бұрын
Such an informative and interesting video!!! This helped me write my 8 page research paper on the creative development of Netflix!! Thank you!
@touhidvhi3683
@touhidvhi3683 2 жыл бұрын
Too good and absolutely thrilling content . Thanks for making it
@Rose-ez9vf
@Rose-ez9vf 4 жыл бұрын
Programming *cough* I mean Business Casual is my life!
@fernandoarredondo1059
@fernandoarredondo1059 7 жыл бұрын
Now I just go to where blockbuster used to be & grab some Chinese takeout & go home for some Netflix & chill
@foresthills731
@foresthills731 6 жыл бұрын
Fernando Arredondo Lol.
@ditch9802
@ditch9802 4 жыл бұрын
I worked at Blockbuster and now that location is a liquor store.
@naxzhfoster8972
@naxzhfoster8972 5 жыл бұрын
You are amazing dude, i love your videos, thank you so much for doing this < 3
@thatoneguywhowatchesyouwhe2801
@thatoneguywhowatchesyouwhe2801 7 жыл бұрын
"block buster throw everything in the kitchen but the sink" they send them a sink
@dixinears8004
@dixinears8004 7 жыл бұрын
I used to work at Hollywood Video. That was a pretty fun job.
@BrandonDKirkwood
@BrandonDKirkwood 7 жыл бұрын
WakeeWakee yaaaaaasssss me too! I was just outta highschool it was the best time of my life partying hooking up with super cute chicks and treating customers that deserved it like shit! Hahaha I tore up a guys membership right in front of him and told him he was banned on a Friday night with huuuuuge lines. Loved working there my mistake was taking a store manager position at Blockbuster that place suuuuuuuuuucked
@4forevergirl4
@4forevergirl4 7 жыл бұрын
WakeeWakee Hollywood video was way better than Blockbuster. My family and I would go there all the time to rent movies.
@Pwhite516
@Pwhite516 7 жыл бұрын
Brandon Kirkwood wow you sound like a major tool
@josephk.h.5506
@josephk.h.5506 6 жыл бұрын
Love this kid's voice> Appears very intelligent and knows how to keep the commentary moving and relevant . . . outstanding!
@TheKRiddler
@TheKRiddler 7 жыл бұрын
I love this channel always learning new things an awsome business strategies
@Courtney1992
@Courtney1992 7 жыл бұрын
you forgot to include Redbox into the equation
@IanSwart
@IanSwart 7 жыл бұрын
1:03 "Debugging tools for Unix operating systems" shows a screenshot of Windows..
@morezco
@morezco 6 жыл бұрын
great company, great video. Lots of praise for Netflix and new sub right here.
@dr_ricahontas
@dr_ricahontas 5 жыл бұрын
I've been binge watching this channel wow.
@davidwilliams2661
@davidwilliams2661 6 жыл бұрын
Also, I worked at Blockbuster while all of this was happening, I couldn’t believe how blind, stupid, and stuck in the past the company was and ended up leaving just before they started falling apart
@alliemaricru1551
@alliemaricru1551 7 жыл бұрын
Who remembers Hollywood Videos? Hollywood Videos was the shit.
@4forevergirl4
@4forevergirl4 7 жыл бұрын
Allie Maricru Hollywood Video was way better than Blockbuster.
@thatonehispanic7982
@thatonehispanic7982 7 жыл бұрын
this video just shows how a simple problem can be solved and help many others
@nomadromsouth
@nomadromsouth 3 жыл бұрын
Blockbuster: Sorry you have to pay $40 late fee. Reed Hastings: At that point it became personal with me.
@joserivers1306
@joserivers1306 7 жыл бұрын
Sounds like 9/11 had a huge impact on a lot of industries. For aviation, the price of aircraft dropped significantly so a lot of bulk orders were placed by budget airlines.
@slimeyfox7274
@slimeyfox7274 6 жыл бұрын
I bet Block Buster regret charging him $40, this motivated him to invent something to destroy them.
@TheLightSpace
@TheLightSpace 7 жыл бұрын
That was perfect, thank you!
@PaulTheSkeptic
@PaulTheSkeptic 6 жыл бұрын
Anyone else still nostalgic for the old days of going to Blockbuster and picking out a movie? Streaming video is better in almost every conceivable way but I still have fond memories of the local video rental stores.
@sarahs7553
@sarahs7553 4 жыл бұрын
"LOL" -Netflix
@oyonggofomocci2078
@oyonggofomocci2078 6 жыл бұрын
So this all began as a vendetta against Blockbuster concerning a 40 bucks late fee. Then Blockbuster tried to fuck Netflix out of the market when they proposed allying together. Then Netflix fucked back, getting the last laugh as blockbuster slowly crumbles. And they lived happily ever after, now go to bed kids, good night.
@oyonggofomocci2078
@oyonggofomocci2078 6 жыл бұрын
Oh and i forgot, and they attempted to fuck each other multiple other times, including throwing the kitchen sink at each other
@kymaverick
@kymaverick 7 жыл бұрын
It's awesome that I can go to channel 370 on DISH and go straight to Netflix. That really increased my viewing of the service.
@luis2arm
@luis2arm 7 жыл бұрын
great video. subscribed and eager to watch more. good job!
@The_Deaf_Aussie
@The_Deaf_Aussie 7 жыл бұрын
all it takes to bring netflix to its knees.. is to have one VoD company that contains every films, every tv series, every documantry ever made, regardless whom made them ... and its not geo-blocked.
@CBMaster2
@CBMaster2 7 жыл бұрын
Good luck with that
@TheBrendanWoolbert
@TheBrendanWoolbert 7 жыл бұрын
I would imagine this would cost an extreme amount of money. So extreme that no matter how big the company gets or how much money it could possibly make, it's not worth it and/or they wouldn't have or be able to acquire the capital to ever do so.
@styner3
@styner3 7 жыл бұрын
You do know that Netflix has to pay the studios for every movie they are allowed to show. That's why some movies will never be on Netflix. The studios want too much money for them.
@TheBrendanWoolbert
@TheBrendanWoolbert 7 жыл бұрын
I don't know if you were replying to me, but that was my point exactly. Some movies are way to expensive to even try and purchase the rights for, so this scenario will probably never happen.
@tenslider6722
@tenslider6722 7 жыл бұрын
with 83 millions subs = 664mil per month I think everyone else is already late.
@bellyard1742
@bellyard1742 7 жыл бұрын
This is a real rising channel
@TheJanitorIsIn
@TheJanitorIsIn 7 жыл бұрын
Just discovered this place. Amazing video
@user-pm6uq3nc4s
@user-pm6uq3nc4s 4 жыл бұрын
Business casual is enlightened me a lot and these days I'm watching business casual more than Netflix A great brief history of how Netflix has been commenced. 👌👏
@onee
@onee 7 жыл бұрын
Netflix didn't exactly invent binge watching though it isn't a new concept.
@nunyabiznez6381
@nunyabiznez6381 7 жыл бұрын
No but the definitely facilitated a sudden increase in it's popularity. I used to go to the video store on Friday and rent three videos (the store's rental limit) and rented them for $27 for a two night rental for the three cassettes. I could have rented them for $15 for the one night rental but I was not always able to return them by 2 P.M. on Saturday and that would have incurred a $45 late fee making the total rental $60. So I paid the extra to reduce the risk. So I only binge watched Friday nights. When Netflix came along I got a membership, canceled my video store membership and began binge watching almost twice a week and at a tiny fraction of the cost. Before I paid the $27 rental every Friday plus popcorn, soda and hot dogs totaling about $30 a week. With Netflix that changed to less than $10 a week and most of that was the popcorn, soda and hot dogs and I got to add candy. Just like a real movie theater. lol!
@onee
@onee 7 жыл бұрын
nunya biznez Wow, never knew that the video store was so expensive.
@onee
@onee 7 жыл бұрын
***** No, it didn't. Binge watching isn't anything new. The only thing Netflix "invented" in this case was that you could binge watch a complete season as soon as it came out (for a low price). As a kid I used to binge watch cartoons (when cartoon marathons would come up on TV), and in the DVD era I've binge watched complete seasons of TV shows. So, it really isn't anything new.
@WisteriaBerlitz
@WisteriaBerlitz 7 жыл бұрын
Those were dark times my friend...
@johnta17
@johnta17 7 жыл бұрын
Your assessment is wrong. They did indeed invent binge watching in the sense that they are the first to drop whole seasons of a show all at once, instead of scheduling it weekly like in the old model, thus encouraging that habit. They also had the "next episode will start (countdown)" so we didn't have to get off our lazy couch.
@DodgerOfSheep
@DodgerOfSheep 7 жыл бұрын
Business Casual is my life
@inkidoo54
@inkidoo54 7 жыл бұрын
Loved it bro! Subscribed
@darshangowda5496
@darshangowda5496 3 жыл бұрын
Thank for giving my knowledge
@michaelescobar8772
@michaelescobar8772 7 жыл бұрын
NETFLIX IS THE BEST THING THAT HAS EVER HAPPENED TO THE PHILIPPINES. THANK YOU.
@ldw5846
@ldw5846 4 жыл бұрын
There’s a biography out now called “that will never work” by Marc Randolf it seems he was the founder and CEO, Reed was the investor and took over later. Worth reviewing and updating content 😉
@870AD
@870AD 7 жыл бұрын
Super polished content man your going to blow up
@johnphoebus9664
@johnphoebus9664 7 жыл бұрын
keep up the good work man. I hope you find it fulfilling.
@NorthSea0il
@NorthSea0il 6 жыл бұрын
Watching films on your phone or even laptop is shameful behavior.
@davidmarocik7506
@davidmarocik7506 6 жыл бұрын
Laptops aren't the worst thing to watch a movie on
@humbleyourselfnowhomiebeat6347
@humbleyourselfnowhomiebeat6347 6 жыл бұрын
NorthSea0il how? I can't pick up my tv and move around and I can't afford a laptop.
@dioncondones
@dioncondones 5 жыл бұрын
Your to stuck in nostalgia
@AR7271
@AR7271 7 жыл бұрын
At 9:35, people didn't cancel Netflix because of the stupid Qwikster name. They canceled because the subscription rates went up for the first time in a long while. Netflix was demanding more for less.
@brentmartin3068
@brentmartin3068 5 жыл бұрын
Oh. Ok
@masamune2984
@masamune2984 6 жыл бұрын
Fantastic video! Great job. :)
@mycollegeshirt
@mycollegeshirt 7 жыл бұрын
it's amazing when you look at the history of tech how short cited companies are it happens over and over again
@match328
@match328 7 жыл бұрын
I'm glad greedy companies gp out of business. I hope gamestop is next.
@aikou2886
@aikou2886 6 жыл бұрын
Gamestop and GAME, both are equally terrible.
@MrVidification
@MrVidification 6 жыл бұрын
Gamestop is massive. They tried to buy GAME UK around 2012 (GAME was once owned by 'Electronics Boutique', renamed 'Gamestation', then 'GAME'). It was sold to someone else. GAME probably makes more money out of selling the mobile phones they have showing in the window aside from any console. If Gamestop does the same and focuses on second hand game trade and gadgets, phones etc then they will be around for a long while. Digital online services such as Netflix were once in the media for getting people to sign up in city centres claiming there was no subscription (the type of promoters that usually hand out leaflets). There have been a few scams associated with Netflix over the last few months which goes to show how popular Netflix is now, eg in January www.independent.co.uk/life-style/gadgets-and-tech/news/netflix-scam-phishing-email-warning-security-help-center-a8153311.html
@gregorylondos534
@gregorylondos534 5 жыл бұрын
Amazon Needs to take Note... I Hate that Company... Killed All the "Mom and Pop" stores
@tonyajennings4536
@tonyajennings4536 5 жыл бұрын
I HOPE COMCAST is NEXT EXTREMELY GREEDY Company
@sarysa
@sarysa 7 жыл бұрын
Nice subliminal message at 6:12. (might need to go to 6:09 and pause around 6:12 to see it)
@craigkdillon
@craigkdillon 6 жыл бұрын
It is so fast. What does it say?
@thfcjb2561
@thfcjb2561 6 жыл бұрын
Craig Dillon 1Mil subs for his channel
@anjishnuroy2734
@anjishnuroy2734 5 жыл бұрын
Thekillerbeats i dont see 1 mil subscribes yet 🤔
@382stone
@382stone 7 жыл бұрын
Another good one. Thanks!
@chintalapatisushanth7392
@chintalapatisushanth7392 7 жыл бұрын
brilliant videos, make lot of videos on Business and corporations. great work.
@xelefonte
@xelefonte 5 жыл бұрын
Blockbuster still hasn't learned a single thing. They are to innovation what Bill Cosby is to consent. If they could go back to 1997, they would probably a hire hitman to kill Reed Hastings. And much to their chagrin, another company would take Netflix's place and run Blockbuster out of business the same way Netflix and Redbox did. Because Blockbuster did NOT have innovation in its corporate philosophy. Netflix started out with the brilliant 3 DVDs, $16/month plan but were not complacent with that service. Just like Reed Hastings envisioned DVD as the future in 1997, he meticulously planned for streaming services. His only mistake was the short-lived Qwikster option which grew an outcry that could be heard around the world. Other than that, Netflix and Reed Hastings continues to be innovative and not just sit on their asses like Blockbuster who thought that brick-and-mortar stores would be forever until ironically they found themselves streaming movies on Netflix. Blockbuster's failure was their own. They could have bought Netflix and still be extremely profitable but they decided to merge with a scan oil company (Enron) that knew nothing about entertainment rental services. In that case, you might as well go ahead and merge with Pepboys and Chipotle too. It was very satisfying watching those over-confident corporate bastards at Blockbuster go bankrupt and lose their life savings in a shitty company they created to extort people (who just want to watch a movie) BY THE WAY OF HEFTY LATE FEES. Blockbuster's own stubborness and arrogance was their own demise and consequently so, they are now just a blast from the past.
@numba1gotenks
@numba1gotenks 5 жыл бұрын
Hey I’m in the hospital rn and these are making me v happy
@simleee
@simleee 6 жыл бұрын
Nicely done~
@CGKf35
@CGKf35 7 жыл бұрын
Awesome video.
@marcomarkproductions
@marcomarkproductions 7 жыл бұрын
Im too cheap for netflix... putlocker is my plug
@jakesmith8964
@jakesmith8964 7 жыл бұрын
psst... use Kodi
@arvindmahesh2877
@arvindmahesh2877 7 жыл бұрын
Use yesmovies!
@SaintHoax-kx7fp
@SaintHoax-kx7fp 7 жыл бұрын
Marco Mark Productions use Pirate Bay
@bradirv
@bradirv 7 жыл бұрын
I use showbox
@theMcWOPPER
@theMcWOPPER 5 жыл бұрын
You're butt plug, lol
@namirahsayeed2635
@namirahsayeed2635 2 жыл бұрын
really interesting video..i found this great channel..i enjoyed.. Keep it up
@brainbug9000
@brainbug9000 7 жыл бұрын
great videos! keep it up! subscribed!
@cheezitz6730
@cheezitz6730 6 жыл бұрын
man, looks like blockbuster got blockbusted.
@brentmartin3068
@brentmartin3068 5 жыл бұрын
Yes
@wendelltso
@wendelltso 7 жыл бұрын
Great video and VERY informative, who knew Netflix started with a copy of Apollo 13 VHS tape
@KinkyBat
@KinkyBat 7 жыл бұрын
i very like Your video and it nice the way you explain it how company grow... continue like that !!!:)
@liufred491
@liufred491 7 жыл бұрын
6:12 Saw what you did there. Soon...
@Kylla8
@Kylla8 7 жыл бұрын
What? No mention of original Marvel content on Netflix deal?
@NSFSponsor
@NSFSponsor 7 жыл бұрын
That's not really that important. They mentioned aquiring Disney stuff, and Marvel is Disney now.
@intimaterevolution
@intimaterevolution 5 жыл бұрын
Quality video. Had no clue Netflix was around so long
@ssdd6952
@ssdd6952 4 жыл бұрын
I've been a Netflix customer for as long as I can remember, their return envelopes are a great idea and I loved it. I wish I had purchase their stock back at the IPO big mistake on my part LOL
@noahw5887
@noahw5887 7 жыл бұрын
I love Netflix and Fuck Hulu.
@JackSmithPokerSmith
@JackSmithPokerSmith 7 жыл бұрын
Use protection or you might get hulu pregnant.
@noahw5887
@noahw5887 7 жыл бұрын
JackSmithPokerSmith I don't think Hulu deserves an offspring.
@G_G_G_G_
@G_G_G_G_ 7 жыл бұрын
Noah Willson I have Netflix Hulu and Amazon but I like Netflix the most because I had them since they were shipping DVDs to my house.
@noahw5887
@noahw5887 7 жыл бұрын
gianni sevilla I started for that reason. I wanted to rent DVDs. Didn't know they offered a streaming service but my internet sucked at the time anyways.
@howyoudurrinhunneh
@howyoudurrinhunneh 7 жыл бұрын
I have Amazon and use a family member's Hulu and Netflix. He had it for a kid and neither of them use it, been this way for years. I keep hinting he should get the commercial free version of Hulu but he won't do it. So yeah fuck Hulu!
@themadlad8540
@themadlad8540 7 жыл бұрын
I miss blockbuster
@nunyabiznez6381
@nunyabiznez6381 7 жыл бұрын
Why? You miss higher prices, late fees, short rental periods, short hours, being closed on holidays and Sundays, poor selection, long lines and big clunky low quality cassette tapes? You miss having to drive to the video store to select videos instead of doing it from the comfort of your home? You miss the lines?
@themadlad8540
@themadlad8540 7 жыл бұрын
God Dam dude lol yes I miss it all!
@irayz2677
@irayz2677 7 жыл бұрын
Charles Surber Wanna buy a blue ray
@dedinside5507
@dedinside5507 7 жыл бұрын
nunya biznez what lines?
@tysonmartin3099
@tysonmartin3099 6 жыл бұрын
Charles Surber so do i
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