Dr. Marilyn Yaquinto
COMM 250 - Mass Communication
Technology is constantly changing today and it can be very difficult to keep up. New innovations are introduced at an alarming rate and companies always have to try to outperform other companies with the latest products. The online streaming industry is a young and extremely promising industry. Online streaming is widely popular around the world and the number of users has grown at an exponential rate over the last few years. Companies in this industry have had to work fast to establish themselves among competitors in order to gain the largest amount of users. In this young industry that has evolved a significant amount in recent years, one company in particular stands out among the rest.
Streaming technology began in 1995 when Real Networks broadcasted a baseball game between the Seattle Mariners and the New York Yankees over the Internet. Real Networks went on to launch the first streaming video technology in 1997. By 2000, more than 85% of streaming content on the Internet was in Real format. Real Networks’ success did not last long, however, as Microsoft entered the industry and took over by storm with its Windows Media Player in the early 2000s. Online streaming continued to improve when Adobe introduced its Flash technology in 2005. Flash reigned over the industry for several years and fended off competitors such as Microsoft’s Silverlight. Apple emerged in 2010 and presented a completely new technology called HTML5 Video. Though it will not reach the success Adobe’s Flash achieved, it could obtain a significant amount of users that prefer Apple in years to come (Ozer). Netflix is one specific company that falls under the online streaming umbrella and has seen massive amounts of success.
Netflix began in 1997 when Reed Hastings along with his fellow software executive, Marc Randolph, co-found the company to offer online movie rentals. Netflix did not offer its subscription service until 1999 when it offered unlimited rentals for one low monthly subscription. Netflix launched its personalized movie recommendation system that uses Netflix members’ ratings to accurately predict choices for all of its members in 2000. Netflix went public on May 22, 2002 when it made an initial public offering of 5,500,000 shares at $15 per share. The company had 600,000 users at the time. Netflix grew exponentially and enjoyed widespread success as it ended 2005 with 4.2 million members. Netflix continued to gain popularity when it introduced the Netflix Prize which promised $1 million to the first person or team who could achieve certain accuracy goals in recommending movies based on personal preferences. One hundred million anonymous movie ratings were released with ratings ranging from one to five stars, the largest such data set ever released. “BellKor’s Pragmatic Chaos”, a team of seven researchers from four countries won the prize in 2009. Online streaming was finally introduced in 2007 which allowed members to instantly watch their favorite movies and television shows right from their personal computers. In 2008, Netflix made partnerships with companies to stream through their products such as the Xbox 360, Blu-ray disc players, TV set-top boxes, and the Apple Macintosh computer. Netflix ended the same year with 9.4 million members. In 2010, Netflix was made available on the Apple iPad, iPhone, Nintendo Wii, and other Internet connected devices. Over the next few years, Netflix went global with launchings in Canada, Latin America, the Caribbean, the United Kingdom, and Ireland and was able to surpass 30 million members globally. Netflix won its first Primetime Emmy Engineering Award in October 2012 and released its second original series, House of Cards, in February 2013. The show won three Primetime Emmy Awards in September 2013. Netflix now has over 40 million members globally (Netflix).
Netflix is the
Matthew Jimenez OL-500 Dr. Smalls Final Paper (Rough Draft) Blockbuster LLC. Goes Bankrupt Introduction With technology changing everyday, businesses are changing how they do business everyday now as well to keep up with technology. As we discuss more about technology, we discuss the company called Blockbuster LLC. Blockbuster was a company where consumers bought and rented movies and video games. Blockbuster owned and had franchised stores worldwide and hit its peak of success in 2009. Blockbuster…
Software Engineering David A. Bartmess, Christina Noll, JT, Manraj Kahlon, Ryan Gee BSA/385 June 2, 2015 Robert Mascarenas Software Development: Quality Assurance and Procedures Software development is no simple task and it requires a lot of precise planning. Most software development will follow some type of software process model, which consists of various phases. There are many different models that are used based on the software being developed but they all share similar phases. The main phases…
Faculty of Business Introduction to Electronic Commerce (BA2123-01A) Fall 2014 Instructor InformationName Dongmin KimEmail Please use the Desire2Learn e-mail function to contact me during the class. Use dongmin@unb.ca after the courseOffice LocationOland Hall Room 219 (OH 219)Office HoursThursday 100pm-130pm or by AppointmentPhone506-653-2052 Course InformationCourse TitleIntroduction to Electronic Commerce / BusinessCourse NumberBA2123-01ACourse DescriptionThis is an introductory course that examines…
the greenhouse gas (GHG) emissions of the cargo planes and freighters and delivery trucks that brought the parts through the supply chain and ultimately to the assembly plant. Think of the fossil fuels burned by workers commuting to and from that final assembly plant—and all of the other assembly plants where the subcomponents were built. Consider the fact that some of those parts may have used toxic and carcinogenic substances either in the manufacturing process or within the parts themselves, and…
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like The Little Mermaid, Beauty & the Beast, The Incredibles and Finding Nemo just to name a few. The company was also able to make a name for itself through amusement parks and resorts, cruise lines, merchandise and media networks. Throughout this paper we will take a look at the company’s life cycle, competitive forces against its competitors through a SWOT analysis, we’ll also be taking a look at the company’s financial data and historical trend. From there, we will determine whether the Walt Disney…
performance differences? We will learn to analyze firm strategy in order to understand how firms create a unique position of advantage. We will also discuss competitive response, innovation, and the sustainability of company’s performance over time. And the final building block is dedicated to defining firms’ corporate and global scope – the boundaries of the firm – in order to assess how the firm’s mix of product, services, and location decisions affect performance. Within this block, we will also touch upon…
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Geography 340 World Regions in Global Context Fall 2012 Syllabus Prof: Professor Kris Olds Rm. 346 Science Hall Email: kolds@wisc.edu Skype username: Tel: 608-262-5685 Office Hours @ Aldo’s Café, 330 North Orchard Street: Wednesdays 9:30-10:30 am Office Hours @ Rm 346, Science Hall: Wednesdays 4-5 pm Office Hours by appointment too if the above times don’t work TA: Ms. Samantha Greene Rm. 217 Science Hall Email: greene1@wisc.edu Skype username: Office Hours: Tuesdays 1-3…