Music was more profitable in the DVD and VCD era – Obaapa Christy
Music was more profitable in the DVD and VCD era – Obaapa Christy
4 months ago
ghanaweb.com
Netflix destroyed its own business—on purpose. It was once a profitable DVD-by-mail firm, but Reed Hastings chose to invest in streaming, a product that would kill its own business model. But the tech wasn’t ready back then, and on paper, it looked risky. The move eventually paid off years down the road. #netflix #reedhastings #streaming #businessstrategy | Vulcan Post
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