Netflix on Monday updated its “long-term view” of the industry to include a far wider range of competitive factors than it has ever had in the past. The company also adjusted its competitive focus accordingly, taking into account a number of players that it had previously ignored. In a nutshell, the company said in its statement for investors, it expects that Internet TV will replace linear TV over the coming decades and around the world. Also, “apps will replace channels, remote controls will disappear and screens will proliferate.”
Netflix Gives Itself a Personality Makeover
Posted by: Erika Morphy September 17, 2013 02:13 PMNetflix on Monday updated its “long-term view” of the industry to include a far wider range of competitive factors than it has ever had in the past. The company also adjusted its competitive focus accordingly, taking into account a number of players that it had previously ignored. In a nutshell, the company said in its statement for investors, it expects that Internet TV will replace linear TV over the coming decades and around the world. Also, “apps will replace channels, remote controls will disappear and screens will proliferate.”