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TED started off in 1984 with its conferences in person.
An estimated 135 million prerecorded videos were sold to dealers in the consumer market in 1988.
The Electronic Industries Association estimates that 200 million prerecorded videocassettes will be sold by manufacturers in 1989 - a 48% increase over last year's record sales of 135 million units.
Actual start-up of order fulfillment and delivery will begin following Labor Day 1989.
The EIA also expects double digit growth in 1990, with video sales soaring 30% to 260 million units.
1991– Windows releases Media Player and Apple launched it’s Quick Time Player, both read and play audio and video files.
1996 – FutureSplash Animator, the precursor to Adobe Flash, opens the door for web animation and eventually video.
1997 – Netflix begins its DVD rental website while most of the US rents from brick and mortar stores like Blockbuster.
YouTube was founded in 2005 to allow people to connect through videos (Gamble). A person didn’t have to be a professional director in order to upload a video.
2005 – YouTube launches and online video streaming begins.
2006 – Google acquired YouTube for $1.65 Billion
TED started off in 1984 with its conferences in person. It wasn’t until 2006 that their talks reached the Internet (“History of TED”). “TED is a nonprofit devoted to spreading ideas, usually in the form of short, powerful talks (18 minutes or less)” (“Our Organization”). TED is important for many industries and even for education.
2007 – Netflix Watch Now debuts.
Then in 2007, the company launched its online streaming service – people could watch shows without having to wait for the mail.
2010 – Blockbuster files for bankruptcy.
Although it is less popular than YouTube, with only reaching over one billion views in 2012, it is still very significant.
Newman, Jared.“Chromecast Revisited.” Time.Com (2013): 1.
2013 – Netflix wins Primetime Emmy with House of Cards, a first for a streaming platform.
By 2014, “House of Cards” had won four Emmys and a Golden Globe.
After Netflix became the first streaming service to be nominated for an Oscar in 2014 (for the documentary “The Square”), it kicked off a debate that’s still going on today about whether direct-to-consumer content should be considered alongside standard movies for Oscars.
2015 – HBO Now launches and doesn’t require a cable subsciption.
2017 – Hulu wins best series for Handmaid’s Tale, a first for a streaming platform.
2019 – Disney buys Hulu and launches Disney+. Apple launches AppleTV+, WarnerMedia announces HBO Max and NBC Universal announces Peacock.
Check out our article on what the global landscape looks like. It’s clear that the streaming wars are going to be in full force in 2020, but this is really just a history of the US. In other geographies streaming services have already taken hold.
© 2021 theSkimm, All rights reserved
© 2022 theSkimm, All rights reserved
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Home Video Studio | 2002 | $250,000 | 5 | - |
| Eye Candy | 1998 | - | 31 | - |
| Romance | - | $1.8M | 25 | - |
| Act II Playhouse | - | $999,999 | 13 | - |
| E&C Enterprises Inc | 1991 | $180.0M | 500 | 1 |
| Phoenix Theatre | 1946 | $999,999 | 50 | - |
| Movies.com | 2013 | $490,000 | 50 | - |
| Speed | - | - | - | 14 |
| POOL | 1983 | $5.3B | 5,500 | 138 |
| Fast | 1995 | $670,000 | 50 | - |
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