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NETFLIX: In The Future, Everyone Will Have A Personalized TV Channel

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   Ponedjeljak, 09 Lipanj 2014 00:00

Your TV is living in the dark ages. At least, that's according to Neil Hunt, the chief product officer at Netflix. Hunt, who delivered a keynote speech at the 2014 Internet Week in New York, predicts that personalization and on-demand viewing and streaming are really the way of the future when it comes to entertainment. They are also part of his plan to have Netflix defeat its rivals in entertainment. Netflix, which was founded in 1997, has 48 million subscribers worldwide and in the first quarter of 2014 streamed 6.5bn hours of entertainment, bringing in revenue of over $1bn. Though subscriber growth has slowed in recent years, the company's plan to hike prices has won cheers from Wall Street.

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