Hulu's Collaboration: A Crucial Component In Business

The movie rental industry is a living industry; there are constant changes with advances in technology, rights management, and the slow, but steady, move away from physical Media. Companies such as Netflix, Hulu, RedBox, and Blockbuster are being forced to look at new business models and try to keep up with these changes.

Mutual cooperation and equal loads of work among colleagues can help improve partnership working as well.

Sure People have the most recent episodes on Hulu, but they can also go to the show’s website and watch it there. Hulu may have more seasons of show on Netflix. Hulu also has shows, that Netflix does not have for example the show Community. It is a great show it is very funny, but it is not on Netflix. For people to watch it they have to go to Hulu or stream somewhere else. It’s pretty much the only thing good about Hulu plus.

Hulu should focus on the ability to engage its audience in interesting and captivating content for original TV series. We saw with Netflix the premiers of popular TV shows such as Orange is the New Black and House of Cards. Hulu could also negotiate harder when it comes to content deals with different TV networks.

written, email, fax, face to face; working effectively together with people like professionals, agencies and

After graduated from UC Irvine, I started to work at Universal Prospect Corporation, an advertising consulting firm, as an account executive. My daily work consists of searching for new clients and offering them the most suitable advertising plans. To target a potential client precisely, it is important for me to know well enough about the client`s business, including the situation of the entire industry, the client`s major competitors, and its target population. Based on the understanding of those objective conditions, I would be able to analyze the demands of my client and make the most appealing offer for him. When negotiating with clients,

The case mentions that there is already an emergence of competitive threat from “TV Everywhere” and even though CEO, Jason Kilar discounts the effect on Hulu, the new entrant is

Hulu and Netflix have a wide range of similarities and differences between television shows, movies, and cost. Netflix and Hulu have helped the scripted t.v. show industry tremendously. According to Business Insider the number of scripted shows have doubled in just five years. More people are wanting to sit down with popcorn and binge watch their favorite

Netflix is an entertainment company that specializes in streaming media and online video-on-demand. Over the years, it has grown to include film and television production and other distribution services. Its business model has changed, and so has its overall production cost grown to keep up with the increased market share. As a result, its current position in the market has made it more exposed to competition from other firms, which is why it needs to develop new strategies to remain profitable. Netflix has grown over the past years despite competition and its unprofitability (Helft, 2007). Therefore, to understand its success, it is important provide a microeconomic analysis of Netflix, its history, its products, and the market.

Growing competition as a challenge represents the various companies that are now entering the market of online media-streaming. Companies such as HBO, Amazon, Google, and Hulu Plus have all began to offer media-streaming on the same electronic devices as Netflix, Inc. Currently Netflix, Inc. remains in the lead amongst its competitors; however, there is no guarantee that this advancement is a permanent one. It is inevitable that emerging companies will come up with creative ideas to gain the competitive edge and receive more consumers. For example, Amazon.com has “amplified

Prestige shows such as Game of Thrones (2011—), and now Westworld (2016—), are valuable to HBO for their synergy. If a viewer is going to pay a premium for HBO then premium channels need to justify the cost to those subscribers, subscribed either through a cable/satellite provider or via an app on a device, that the channel is worth having. Promotion though a show’s synergy is evident through the networks investment. High production values, distinguished actors, and well-known directors, ensure that audiences are getting what they paid for, not to mention that the network garners recognition with such prestige shows. But this has been a slippery slope for HBO, as the network needs to meet to a certain level of expectation with their original programming in order to keep current subscribers, as well as to bring in new ones. The challenge in this is twofold. First, investing in a show such as Westworld, a sprawling hybrid of western drama and sci-fi, is a risk even for the cable-subscription network. If it fails, it fails hard. Production woes proceeded Westworld’s reputation, “all provided fodder for anyone skeptical of HBO’s ability to execute a big-budget sci-fi drama as ambitious as anything in TV history,” says Daniel Holloway, Senior TV Reporter at Variety, “…then the show debuted, became a hit, and spoiled a perfectly good narrative about how it was destined for disaster” (Holloway). Secondly, since most prestige show seasons are shorter than traditional television, ten

Streaming services such as Netflix and Hulu have taken this question and formed an answer that meets the satisfaction of their subscribers. Driven by anti-piracy innovation, by adopting the concept of online piracy downloads and streaming, services such as Netflix and Hulu allow various movies and television shows to be accessible across platforms such as mobile phones, laptops, computers, and televisions (). In an interview with Spanish newspaper, El Mundo, Netflix CEO Reed Hastings states “Well, you can call it a problem, but the truth is that [piracy] has also created a public used to viewing content on the Internet,” (). With piracy shifting viewers from television to the Internet, Netflix jumped on the opportunity to offer a streaming service, creating a legal version of piracy.

The bottom line of a business is the ultimate goal which is to gain profit and as such businesses have to develop strategies achieve this. One such strategy is collaboration which includes the people and culture of the organization along with process and governance and technology. Setting a collaboration vision gives the business a competitive edge which will drive the business performance. Four benefits that can be derived from collaboration are reduction in cost, enhancing the qualities of deliverables, product delivery may be increased through better decision making. Collaboration can also help the company to revamp their business processes and create new ones in an effort to differentiate it, (Liu, 2010).

Netflix was founded by Reed Hastings and Marc Randolph in 1997 and was originally based out of Scotts Valley California. The business model that they were working towards was to create a company that would offer online movie rental service made available by streaming media as well as DVD’s that could be ordered online and delivered to the customers’ homes. (Wheelen, Case 12). Netflix had a strategic plan to undercut the competition in an effort to stress the market and force weaker competition out of the field. This was a very successful plan and over a period of years it was able to force the closings of most of its competing market to include the mega giant Blockbuster video. Using a business

The way the audience watches television has drastically changed since the birth of television. The viewer is “changing the rules” (Deign) of how we consume media and is no longer restricted to when they can access content. The company Netflix’s is a great example of this. Netflix is currently the dominant company in the on-demand media industry and “isn’t only changing the way that we watch television, but it’s also revolutionizing the way that it is made”(Page). Compared to old methods of television networks where the viewer is required to tune in weekly at a designated time for a television show, Netflix’s has allowed the viewer to watch