Essay Examples on Southwestern Christian University

Netflix operates within the entertainment and streaming Video

Netflix operates within the entertainment and streaming video on demand SVOD industry Businesses connected with music films TV and other forms of media form the entertainment industry By the same token the streaming video on demand SOVD industry refers to businesses offering subscription video on demand services This video streaming method is similar to traditional TV packages as it allows consumers to view as much content as they wish to do so at a flat rate per month Currently Netflix operates in an oligopoly market This type of market involves a handful of highly competitive powerful firms that hold the majority of the market share in an industry While exiting the industry is not difficult firms face many entry barriers such as high capital requirements complex technology and specific certifications to operate Some of the major entry barriers include acquiring creating and licensing content offered Also another recognizable barrier is creating a network that has the ability to hold a substantial amount of video content while supporting many website visits without crashing 

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