Netflix: A big name in entertainment industry
business
Description
Netflix: A big name in entertainment industry
Type of Industry
We have chosen the Entertainment industry to ascertain and understand the specific
industry transformations over the previous 5 years. The main focus of the industry chosen is on
the specific sector of subscription compensated streaming facilities. There are several big names
or firms that offers these facilities to the consumers ought to enjoy the music or entertainment by
the provided amenities like Netflix, Dish Co., Comcast, Disney, HBONow or HBOGo etc. But,
we chose Netflix as the firm to discuss the scope or extent of change in the entertainment
industry. The entertainment industry providing online compensated streaming facilities to the
client’s advances in the recent period of time e.g. preceding 5 years back. There are several
strong rivalries that compete in the similar race to offer best services in the industry to their
home or places e.g. using the media of TV, Satellite services on demand etc. The industry of the
music or online entertainment paying on-demand paid music services is emerging in the years
and has altered a lot. The industry identified moving forward in the direction to grow and
advance in the next five years as projected by the advancements (Steele, 2016)
