Netflix Offers Standalone Streaming Service

Netflix transitioned from a DVD rental service to a standalone streaming platform, marking a pivotal shift in its business model. This change allowed subscribers to access a vast library of films and television shows directly over the internet, without the need for physical media. The introduction of the streaming service was a response to the growing demand for on-demand content and the increasing popularity of internet streaming technology. By separating its streaming service from DVD rentals, Netflix aimed to streamline its offerings and cater to a new generation of viewers who preferred instant access to entertainment. This strategic move not only expanded Netflix's subscriber base but also positioned the company as a leader in the evolving media landscape. The impact of this decision was profound, as it coincided with a broader trend of digital consumption in the entertainment industry. The standalone streaming service allowed Netflix to invest in original content, which further differentiated it from