Netflix recently announced more than $1 billion in revenue for the first quarter of 2013, and now the company has released a mission statement detailing where it is, where it's trying to go, and how it plans to get there. Entitled "Netflix Long Term View," the 11-page document predicts that in the coming decades internet-based television services will eclipse, and outright replace traditional television altogether. Netflix thinks the shift will take place due to a number of factors, including the increasing proliferation of internet-equipped televisions, the ability of online streaming services to adopt 4K quicker than regular television will be able to, and perhaps most important of all — the fact that newer companies are simply...
via The Verge - All Posts http://www.theverge.com/2013/4/24/4262502/netflix-details-its-vision-for-the-future-a-world-without-traditional-tv
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