Answer: Netflix

Questions:

• Which websites/platforms do you watch most of your online video? 
• Has your watching behavior changed in the past 1-2 years? Explain. 
• Do you think this trend away from traditional TV to these streaming sites will speed up or slow down? 

Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers (Economist; sub. required): 

"What Mr Bewkes missed, but Mr Hastings did not, was not just that the wireless internet would become a reliable conduit for high-quality video, but that in doing so it would change the rules of television. There would be no time slots and no channels, no waiting until next week to see whom the Lannisters betray or the Good Wife sleeps with. Given big enough pipes—in September 2017 Netflix streams were taking up 20% of the world’s downstream bandwidth, according to Sandvine, a network-equipment firm—a company would be able to offer every one of its customers something he wanted to watch, whenever and wherever he wanted to watch it, for as long as he wanted to."

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Check out our latest FinCap Friday, The Endless Stream, to keep up to date on the streaming services. 

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.