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Netflix Explained: A Company in Possession of Good Fortune

Investors may criticize and pundits may look for the negative angles, but Netflixs commanding market dominance and willingness to evolve make it a formidable competitor in the streaming video space.

Source: Netflix

It is a truth universally acknowledged that a successful tech company in possession of a great idea, well executed, must be wary of its own pride, as well as its naysayers' prejudice. That's the situation that Netflix currently faces: The top video-on-demand company, with tens of millions of paying subscribers, now facing a horde of up-and-coming competitors, is in danger of alienating those customers with its reaction to a market that is increasingly crowded. Netflix's latest ...

 

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