Disrupt or be disrupted: Netflix co-founder

Original article by Chris Griffith
The Australian – Page: 21 : 27-Jun-18

Netflix’s co-founder Marc Randolph addressed a conference in Sydney on 26 June. He stressed that companies need to be disruptive themselves in order to avoid becoming a casualty of disruption. He cited the example of former video giant Blockbuster, which declined a deal with Netflix during the streaming video giant’s early years. Blockbuster’s business model was subsequently disrupted by Netflix to such an extent that it is no longer in business. Randolph also said people do not need any skills in order to be innovative and disruptive.

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NETFLIX INCORPORATED, BLOCKBUSTER VIDEO SUPER STORES

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