Netflix likely topping out
NETFLIX (NASDAQ: NFLX) exhibits a story of adapting to the world of the internet age in the post-dotcom era. Founded in 1997 as a DVD sales and rental services brick-and-mortar shop, Netflix introduced a subscription-based revenue model. It proved to be a success, paving the way for the rise of other streaming services such as YouTube and Amazon.com's Prime Video.
In 2012, Netflix launched the first of what …
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