zlacker

>>meetpa+(OP)
I never imagined that a service that ships DVD via mail would one day buy Warner Brothers. It is amazing how innovation and focus can change the game. Someday a new startup will piggy bank on Netflix and probably buy it later.

>>srames+n3
More like how did these companies drop the ball so bad. Most notably Sony which produced TVs, Computers, DVD players, Media Centers. They owned a movie studio and record label. They also have in house expertise with cloud content distribution via PlayStation.

Unfortunately for them around the time of Netflix's ascent they were embroiled with all kinds of financial issues but still the mind boggles

>>djtang+t6
> Most notably Sony which produced TVs, Computers, DVD players, Media Centers. They owned a movie studio and record label. They also have in house expertise with cloud content distribution via PlayStation.

I feel like some of those very diversified company tend to be the one who struggle to evolve and adapt because some part of their business are worried about being cannibalized by the new business opportunity (like how streaming “killed” physical media). I.e, if you are the director of the “DVD player division” you have an active interest in killing any potential streaming division. Reality is of course more complex than this, but this is the kind of story we sometimes hear off when "too big to fail" companies end up missing a major shift.