SoylentNews

Phoenix666 writes:

Netflix has come a long way since it started as a mail-order DVD rental service. It has largely been responsible for dragging television into the online world and its dozens of original productions such as House of Cards and Orange Is The New Black have helped it win a huge global audience.

Last year its programming became available in another 130 countries, bringing the total to more than 190.

But Netflix faces increasing competition from online rivals such as Amazon and Hulu, while television networks start to launch their own streaming services and make new shows available in binge-ready box sets.

Sky Atlantic, for example, has made all six episodes of the new drama Guerrilla - starring Idris Elba, Freida Pinto and Babou Ceesay - available to stream, meaning viewers will not have to wait a week for their next fix.

Growth of US subscriptions, which account for almost 60% of Netflix's revenue, has also slowed.

Can Netflix conquer the Cable TV industry by re-inventing itself as what amounts to a cable company?

Original Submission