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Havish Gupta

Figuring Out • 1y

Netflix and Blockbuster At start blockbuster use to sell dvds of movies. Though blockbuster use to charge huge late return fees (late fees contributed to 10% of revenue). So Netflix removed the late payment fees and introduced CDs. Thus people started to shift to netflix. Note: the above victory was not easy and Netflix had to come up with new plans and stretegies daily to defeat a giant.

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