business project netflix

business project netflix - they have lost $2 billion...

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David Coffman Netflix distributes DVD’s across the internet and through the mail to homes all over the world. Its convenience and cheapness has put many DVD rental stores out of business. Their mission statement is “Netflix is revolutionizing the way people watch movies and TV shows by streaming directly to them. With today's busy lifestyles and consumers demanding more value and control, it's no wonder Netflix has become the preferred online provider of the entertainment experience in its home country, the United States, Canada, and is rapidly expanding to other countries.” The problem that Netflix is experiencing is their stock prices have plummeted and
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Unformatted text preview: they have lost $2 billion dollars in their market value since July. My group should choose this specific business problem because it is interesting to look into why Netflix has struggled over the last couple of months. And it is interesting to look at how Netflix will try and rebound from their losses. The key stakeholders in this case are definitely the owners and possibly the customers because Netflix plans on doubling their prices so they can make some money back. http://bits.blogs.nytimes.com/2011/10/25/netflix-market-value-shrivels/? scp=3&sq=Amazon&st=cse...
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