Post #160

🎬NETFLIX: HOW ONE STRATEGIC DECISION SAVED THE COMPANY At one point, Netflix relied heavily on its DVD rental business. However, as technology evolved and internet access became widespread, consumer behavior began shifting toward online entertainment. While many companies failed to adapt to these changes, Netflix took a different approach. 📌 The company: — Gradually moved away from the DVD rental model; — Focused on developing its streaming platform; — Invested heavily in producing original content. As a result, Netflix transformed from a traditional rental service into one of the world’s leading media companies. This story highlights an important business principle: Companies that recognize change early are the ones that shape the future. @vericase