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All Journal JBTI : Jurnal Bisnis : Teori dan Implementasi
Lela Rahmawati
Bumigora University, Mataram, Jl. Ismail Marzuki No.22, Cilinaya, Kec. Cakranegara, Kota Mataram, Nusa Tenggara Bar. 83127
Economics, Econometrics & Finance

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Netflix's Strategy to Dominate the World's Entertainment Media Market After the Death of Blockbuster Febriana Widia; Melati Rosanensi; Lela Rahmawati
JBTI : Jurnal Bisnis : Teori dan Implementasi Vol 12, No 3 (2021): December 2021
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jbti.v12i3.13396

Abstract

Multinational corporations (MNCs) are non-state actors who have a significant role in international relations. Globalization has facilitated the development of MNCs as well as the transformation of media. It impacts the presence of multinational entertainment media companies operating with the SVOD (Subscription video-on-demand) system like Netflix and Blockbuster. Netflix chooses Indonesia as one of its potential markets. However, Netflix has to face new competitors and resolve several obstacles and regulations from other companies and governments in Indonesia. This research aims to find out and analyze the strategy of Netflix is dominating the Entertainment Media market in Indonesia with the concept of MNC, international strategy, and competitive advantages. This research used a qualitative approach with descriptive methods where the data collection came from secondary data such as books, academic literature, and news portals. In data analysis, the researcher reviews and draw an explanation regarding the phenomenon. The strategies and efforts made by Netflix can make Netflix become the number one choice for the SVOD platform in the Indonesian market based on the supremacy that Netflix has, especially in providing original content. By developing its strategy, Netflix can continue to internationalize its product services in the Indonesian market.
Co-Authors Febriana Widia Melati Rosanensi