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MAN 4737 University of South Florida Netflix Issue on Media Reliance Recommendation

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MAN 4737 University of South Florida Netflix Issue on Media Reliance Recommendation – Description

Restate the organizational problem.  – The organizational problem at hand is Netflix’s reliance on media companies for content, which gives rise to two interconnected issues. First, Netflix depends on these media companies to provide content for its streaming platform. This reliance on outer sources for media content creates a challenge for Netflix. It puts Netflix as a dependent partner who is beholding to the decisions and availability of these media companies. Second, the presence of multiple media companies hesitant to offer their content on Netflix stems from the concern that they would have to compete with one another for viewership on the platform.
Restate the root cause of the problem. – The root cause of the problem lies in Netflix’s lack of control over its content offerings. By relying on media companies, Netflix relinquishes control and becomes subject to the decisions and interests of these external entities. This lack of control hampers Netflix’s ability to ensure a consistent and diverse content library for its subscribers.
What is your recommendation to solve the problem? 
What evidence do you have to support your assertion that this solution will help solve the problem?

Quantitative data
Management concepts and theories

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