Hollywood Starts with Animation

7pm.

Los Getto Arts Center, California.

Netflix held a grand ceremony here tonight to celebrate Netflix's 500,000+ subscribers.

More than 300 invited guests came to the scene, some of them were businessmen with deep pockets, some were local politicians in Los Gato, some were high-level intellectuals, and there were also many invited media representatives...

Most of these people came to Netflix's celebration site with goodwill.

At this moment, a huge LED screen was placed on the front-end stage of the scene, showing the glorious progress of Netflix since its establishment.

【Character Show! 】

The person who first appeared on the big screen was Reed Hastings, the founder and CEO of Netflix.

Reed Hastings was born in 1960;

In 1983, graduated from Bowdoin University with a bachelor's degree, and then worked as a mathematics teacher in a Swaziland secondary school for two years;

In 1985, he was admitted to Stanford University, an Ivy League school in the United States.

In 1988, he graduated from Stanford with a master's degree in computer science;

After re-entering the society, Hastings started his own business and created several companies successively. In just nearly 10 years, he earned more than 40 million US dollars in funds.

In 1997, Hastings founded Netflix!

......

More than 300 invited guests at the scene were also communicating with each other while tasting fine wine and food, and many of them were talking about Reed Hastings.

"Reed is still quite powerful, and he is one of the representatives of self-made."

"Agree!"

"As early as 1983, he graduated from Bowdoin University and entered Swaziland Secondary School as a mathematics teacher. As an alumnus, I thought he would have a dull life and wipe out everyone. But who would have thought that he would be so successful! At work Besides, he is still working hard to improve himself, and it took only two years for him to be admitted to Stanford University."

"It's amazing!"

"He's a great learner,

But what's even more powerful is... his means of collecting money! "

"agree."

"After graduating from Stanford, Hastings founded his own company, a 'pure software' company in just a few years. With a precise eye, he rode the big wave of the Internet age to earn money in one fell swoop. A lot of dollars."

The invited guests present discussed recklessly, and there were many words of praise for Reed Hastings.

The ceremony of this celebration is very large, but for Zhu Ke, who is used to seeing strong winds and waves, it is just a small scene.

"Boss, how do you feel?"

Alexander asked with a glass of wine.

Zhu Ke squinted his eyes, returned Alexander with a glass of wine and smiled: "Not bad. Although I don't know most of the people here today, they all know me, and they are all respectful and respectful, and occasionally come here like this. , I still enjoy it very much.”

you do not say!

As the 5th richest person in the United States and the 5th richest person in the world in the "Forbes" magazine's rich list, Zhu Ke is the object of everyone's pursuit wherever he goes.

"Hey, boss, look, the big screen has started to play new content again." Alexander said suddenly.

Zucker looked up and said yes.

Following the [Character Display] stage, the brilliant progress of Netflix was played on the big screen.

......

【Netflix company! 】

Netflix was founded in 1997, starting a new chapter in the video and DVD rental service.

It took the lead in launching an online operation model, which is different from Blockbuster's frantically building offline stores; it adopts the form of online mail rental, allowing consumers to get the latest movies without leaving their homes; Monthly, the monthly income reached 100,000 US dollars, and more than 20,000 DVDs were in circulation.

Once Netflix's online model was launched, it became popular in the United States.

In order to attract more users, Netflix has issued a lot of coupons, but after users run out, they will basically not visit again, and the money will be wasted.

Why?

Because compared to Blockbuster, there is Viacom Group behind Blockbuster. As the parent company of Paramount Pictures, Blockbuster does not lack the latest movies at all. Other Hollywood film companies have also launched cooperation with Blockbuster, which can be said to be making gold every day.

On the other hand, Netflix...

It lacks the attention of big Hollywood companies, and it is difficult to obtain the latest new film resources.

The results are predictable!

Plus inventory, postage, royalties...

These huge costs almost made Netflix go bankrupt.

In 1998, Netflix lost $11 million.

Later, by optimizing the logistics system, redesigning the rental plan, and developing a recommendation engine, Netflix finally stopped a little.

But... the momentum of burning money has not stopped!

In 2000, Netflix lost $57.4 million, making it unsustainable.

In desperation, Netflix founder Reed Hastings decided to form an alliance with Blockbuster.

Ally?

Well, it's actually begging Blockbuster to buy Netflix.

He suggested Blockbuster buy Netflix for $50 million, and Netflix could help Blockbuster manage its online business. However, this decision, which can be called servile, was unilaterally rejected by Blockbuster.

Blockbuster doesn't look down on Netflix at all!

To be precise, they despise neither Netflix (too small) nor the online rental market.

But what about now?

Netflix survived the storm!

They have successively received huge capital injections from companies such as Barclays Bank in the United Kingdom, BlackRock Group in the United States, Blackstone Group, one of the world's largest private equity funds, and the American Growth Foundation.

As of today, Netflix has more than 500,000 subscribers, becoming the second largest DVD rental service provider in the United States and the largest online DVD rental service provider!

"Second largest DVD rental service provider?"

One person in the crowd sneered: "You really put money on your face! Netflix is ​​telling the truth, there are only 500,000 subscribers, but Blockbuster? You know, Blockbuster's number of members at the beginning of this year. , has exceeded 25 million people, almost covering more than half of the households."

"Faced with such a powerful Blockbuster, why is Netflix the second?!"

Some people touted it, and naturally some people ridiculed it.

In this world, no one can guarantee that he will be liked by everyone. There are many people who marvel at Reed Hastings' achievements, but there are also many people who are jealous of him!

"What are you proud of?"

"that is!"

"With a mere 500,000 subscribers, the celebration is held with such fanfare. In my opinion, Netflix will not last long."

"That's right, it closes sooner or later!"

......

There are many people who ridicule Netflix, even if they are also invited guests.

"A bunch of idiots."

When Zu Ke heard these words, he couldn't help but chuckle in his heart.

Will Netflix collapse?

What a joke!

As everyone knows, will Netflix be a streaming media empire in the future?

As everyone knows, will Netflix grow into a giant company with a market value of more than 200 billion US dollars in the future?

Others don't know, but Zhu Ke is very clear, otherwise why would he miss him? !

"Hey, you see, isn't this our rich man, Mr. Zucker Wald?" At this moment, a strange voice of yin and yang entered Zucker's ears.

" "The second is sent.