Originally a website where people could select movies and have them shipped to their homes, Netflix has now cultivated an entire industry of binge-watching TV shows and streaming entire seasons at one time.
Netflix is the precursor to Hulu, HBO Max, Amazon Prime, and Disney+.
When Netflix changed its shipping model to a streaming service in 2011, it completely changed the game. It took TV worldwide -- at this point in 2020, the only countries without Netflix are China and those with sanctions on the United States. Entire seasons and documentary specials come out in an instant and are consumed by the masses within a week, within a day, within a matter of hours.
How we consumed film and television changed instantly. More impressively, Netflix has made a recent move to win Academy Awards. In order to qualify for the Acadamy, a film does have to be shown in a certain amount of theaters, but Netflix was still able to make their original content available on their streaming services as well. They released multiple films to the public in such a way and therefore were able to produce streamable content that was nominated for Academy Awards, a huge step in moving the industry away from movie theaters and discs.
Here's the biggest indicator that the times are changing: in 2018, 33 million people got rid of cable. And more are sure to follow.
Check out this site to learn more about how Netflix is changing the game: https://www.forbes.com/sites/blakemorgan/2019/02/19/what-is-the-netflix-effect/#5f11cb7e5640
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