Table of ContentsBusiness ModelCompetitive AdvantageFuture OutlookThe entertainment industry has undergone significant transformation over the past few decades, with the emergence of streaming services revolutionizing the way consumers access and consume content. Netflix, founded in 1997 as a DVD rental service, has become one of the largest players in the streaming industry. This essay will analyze Netflix's organizational strategy, focusing on its business model, competitive advantage, and future prospects. Say no to plagiarism. Get a tailor-made essay on “Why violent video games should not be banned”?Get the original essayBusiness modelNetflix's business model is based on the concept of subscription streaming, providing consumers with access to a vast library of content for a monthly subscription. . The company initially focused on DVD rentals by mail, but shifted its strategy to online streaming in 2007, recognizing the potential of digital distribution. By 2010, streaming had overtaken DVD rental as Netflix's primary method of distributing content, marking a pivotal moment in the company's evolution. One of the key aspects of Netflix's business model is its emphasis on producing original content. The company has invested heavily in the creation of original series, films and documentaries, with the aim of differentiating its platform from its competitors and retaining its subscribers. This strategy has seen great success, with Netflix producing popular and critically acclaimed titles such as “Stranger Things,” “The Crown” and “Bird Box.” Additionally, Netflix's international expansion is an integral part of its business model. The company has actively continued its global growth, capitalizing on the growing demand for streaming services around the world. As of 2021, Netflix is ​​present in more than 190 countries, demonstrating its commitment to reaching a diverse and broad audience. Competitive Advantage Netflix's competitive advantage lies in its data-driven approach to content creation and recommendation algorithms. The company uses user data to analyze viewing patterns, preferences and engagement metrics, allowing it to tailor content recommendations and produce original programming that resonates with its audience. This data-driven strategy has allowed Netflix to gain insights into consumer behavior and preferences, giving it a significant advantage in content curation and production. Additionally, Netflix's focus on user experience and interface design has contributed to its competitive advantage. The platform's intuitive interface, personalized recommendations and seamless streaming capabilities have been widely praised, improving customer satisfaction and retention. Additionally, the company's investments in technology and infrastructure have enabled it to deliver high-quality streaming experiences to millions of users around the world. Another key aspect of Netflix's competitive advantage is its ability to attract top talent and secure exclusive content deals. The company has established relationships with renowned creators, directors and actors, resulting in a diverse and compelling library of content. Additionally, Netflix's willingness to invest in high-profile projects and secure exclusive rights to popular series and films has made it a leading destination in..