Netflix Persuasive Essay

Cable television is on the verge of extinction because of online television. Reason being is everything is at the tip of the finger on the internet, and it is less costly compared to leading cable companies where the costs are high and people cannot fit their televisions in their pockets. One leading online streaming company is Netflix. This company has revolutionized the internet for movies and television shows. Now there are online streaming devices for home televisions such as Apple TV, Roku, and the Google Chrome Cast. Even many actual channel companies have online accounts such as HBO-GO because even these companies know that soon cable will be either non existent or hardly existent. Technology is evolving to digital and online base

With Netflix growing constantly, they can also produce their own shows (“The Future of Television, And Why Netflix Shares Are Overvalued”). Netflix claims, “It's actually quite expensive, but it gives you something unique. Without that, you're merely licensing old shows from everyone else and it's very substitutable”(“The Future of Television, And Why Netflix Shares Are Overvalued”). Netflix is going strong and becoming bigger and stronger every year (“The Future of Television, And Why Netflix Shares Are Overvalued”). Netflix is also a threat to many other companies, especially HBO because of the explosion of viewers and hits they are taking form HBO (Laporte, 62). Since last year, between January and Thanksgiving of 2013, the Netflix stocks have exploded and almost quadrupled (Laporte, 62). Netflix is also showing off new shows from HBO and Showtime, which is an upgrade for Netflix (Magid

Most new gaming devices such the new Play Station Four can stream web videos and also play Blu-Ray (Magid n.pag.). Most families in America have at least one television that only sits in a room and is only used for DVDs, video games, and internet videos (Magid n.pag.). Back in the nineties, CDs were only a dream; they could only hold a small amount of data and that wasn't much (Bajarin pg.65). Many years went by before the DVD came out as a way to support distribution of movies (Bajarin pg.65). The direction that digital video was headed, it had to be changed even though the internet was only an idea because of the high demand of cable and tv channels (Bajarin pg.65). Now days, major networks are adding onto the internet and using iTunes and the Google store to be able to download shows and their channels become better every month (Bajarin pg.