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Netflix has vowed to continue providing wide varieties of new employment opportunitiesworldwide. In regards to its current business model, Netflix represents a classical-service business model in the video-on-demand industry where users of the service and payers are the same entity (Hastings, 2013). The significance of this particular type of business model correlates with the idea that Netflix was the pioneer in displaying the positive results that can result from the classical service type model and implementation.
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