Earlier this week we reported on Netflix’s latest financials, but as a follow-up, the TV/film service has published a Long Term View document that makes fascinating reading.
It outlines Netflix’s vision for the future of television for starters: “Apps will replace channels, remote controls will disappear, and screens will proliferate…”
It’s also good on Netflix’s decision to take a “singular focus” on its subscription-based business model. “We don’t have pay-per-view and we don’t have advertisements. Those are fine business models that other brands do well. We choose to be the best at our model.”