During class today, we had our EOTO presentations. I learned about the history of a multitude of different technologies including the pencil, the printing press, the carrier pigeon, and many more interesting technologies. The technology I will be discussing in this blog post will be streaming services.
Background
 |
| This is the photo that showed up when I searched "Blockbuster." |
The first ever place you could rent a movie was Video Station. It was created in Los Angeles in 1977. Blockbuster was the largest rental store created in 1988 by David Cook. Unfortunately, Blockbuster went out of business in 2014.
What are Streaming Services
Nowadays, streaming services are used constantly. Whether you're binging a show on Netflix, watching a movie that recently came out, or watching live TV through a streaming service, nearly everyone uses streaming services.
Timeline
1997: Netflix DVD rental service
2005: YouTube
2007: Netflix moved online
2010: Hulu
2015: Amazon Video
2019: Disney +
2020: HBO Max
Creation of Netflix
In 1997, Reed Hastings rented a movie and returned it late. He was then forced to pay a lot of money in late fees. Because of this unfortunate event, Reed Hastings and Marc Randolph decided to create a company where you could rent DVDs online without late fees. This concept is what created Netflix. As stated in the timeline above, Netflix became an exclusive online company a few years later in 2007.
Impact of Streaming Services
In 2013 and 2015, Stanford conducted an experiment whose results concluded that streaming services
Further research has shown that 99% of homes own streaming services, while only 10% of users have reported that they cause health issues.
No comments:
Post a Comment