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Shares of the video streaming company Netflix tumbled on Tuesday even though it beat earnings estimates.
Zitzmann, 29, is co-founder and CEO of Kamcord, a leading mobile video game live streaming company.
It's official: Jay Z is buying an online streaming company that competes with Spotify and Apple.
Spotify, the music streaming company, had a successful direct listing last year.
The authors compare the growth of Netflix, an American video-on-demand service, with Spotify, a music streaming company that was founded in Sweden.
It cannibalized itself to go from a mail-order service to competing with Blockbuster to becoming a streaming company.
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Under Ms Bartz's lead, Yahoo! had been in the running to buy Hulu, a video-streaming company.
Rather than be frozen with DVDs, as Blockbuster was, Hastings has transformed Netflix from a snail-mail DVD-delivery company to an Internet movie-streaming company.
As the broadband Internet adoption proliferated, it transformed itself once again, this time into a video-streaming company.
Spotify, the music-streaming company, exemplifies an experienced adapter.
In 2014 Apple made its largest acquisition by buying the headphone manufacturer and music-streaming company Beats for $3 billion.
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