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BUSINESS

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Being a movie buff (or even if you’re not), have you ever wondered how does Netflix make money? Netflix, for those of you who don’t know (and are living under a rock), is a media content providing company that lets users stream shows and movies online. It started off by renting out DVDs (it still does) and now, it’s one of the most subscribed, and the most popular internet TV service. Over the last few years, it has gained so much popularity that people have seriously started thinking of cutting the cord from their existing cable service. However, the question remains: how does Netflix make money? There are a few things you need to know before we can help you answer that. What is Netflix: Rise & Opportunity Over the years, seeing the need in the market that people are looking for good content at a reasonable price…