Over the coming decades and across the world, Internet TV will replace linear TV. Apps will replace channels, remote controls will disappear, and screens will proliferate. As Internet TV grows from millions to billions, Netflix, HBO, and ESPN are leading the way.
Problem
Our DVD business is not sustainable and our customers want new ways of accessing content.
Highlights
Investing in streaming and content will result in a 300% increase in revenue Content acquisition will become highly competitive, so it’s important for Netflix to get a head start Data download/upload times over the Internet are getting faster to the point where consumers can consume streaming video on their phones