Tuesday, October 6, 2015

NETFLIX AND THE FUTURE OF TELEVISION

The head of Netflix contents for 15 years  Ted Sarandos says in 10 years tv will be on be an app like which let viewers watch shows in any order they please.

Netflix is the world's leading Internet television Network. It has a popular model with the service aquiring 60 million plus subscribers  that pushes revenue past the billion.

Futhermore, Netflix  has a strong yet safe system. The company pay a flat fee to buy a film which makes a small upfront payment and them shares the profit if a project  is a success.

Sarandos announced  his news at vanity fair's Establishment summit in San Francisco today .

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