Netflix didnโt just beat Blockbusterโthey exploited its biggest weakness.
In 2000, Blockbuster made $800M from late fees. Customers hated them. Netflix saw an opportunity.
Instead of charging per rental, they launched a $19.99/month unlimited plan.
The merger of Jio and Hotstar has caused significant damage to Amazon and Netflix. Amazon is probably not even considering monetizing MX Player now. The subscription benefits we get from JioHotstar are hard to match by any other platform. At this mom
I don't understand Indian consumer behavior. Sab kuch fokat me chahiye!
Read one review -
They are asking me to buy subscription to use services.
Same hutiya customer paying 199/month for watching movies on Netflix.
Bc then what are doing on Am
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Vishu Bheda
ย โขย
Medialย โขย 5m
In 2001, Netflix begged Blockbuster to buy them for $50 million.
But Blockbuster laughed at them.
Today, Netflix is worth over $350 billionโand no one remembers Blockbuster.
Hereโs how that rejection ignited one of the greatest business comebacks
Handling Charge, Platform Fees and priority fee are they even actually fees ?
Are You serious, Platform Fees? Wtf it even means, you provide platform to order food and you are charging it from customers , where you are already taking 20-30% of food
๐ฐHow unacademy makea money (Full breakdown) -
1. Subscription Plans-
Unacademy Plus: This is the main subscription service, offering access to live classes, recorded sessions, test series, and performance analytics. Subscription prices range