Purchase Solution

Supporting Information - Netflix

Not what you're looking for?

Ask Custom Question

1. In what ways could Netflix visualize movie ratings, preferences, or trends to provide its subscribes with additional "movie intelligence"?

2. What are the pros and cons of having the winner of the Netflix Prize share the improved Cinematch method?

3. Describe another problem in business or society that could utilize an approach similar to that for winning the Netflix Prize (i.e., a contest that anyone can try to solve).

http://www.netflixprize.com

Purchase this Solution

Solution Summary

This solution explores the Netflix Prize, and examines what ways Netflix may visualize movie ratings, preferences, or trends to provide subscribes with additional "movie intelligence." The pros and cons of winning are discussed, along with another problem in business or society that could utilize an approach similar to that for winning the Netflix Prize (i.e., a contest that anyone can try to solve).

Solution Preview

1. In what ways could Netflix visualize movie ratings, preferences, or trends to provide its subscribers with additional "movie intelligence"?

What do you think about this? It seems, Netflix could provide subscribers with "movie intelligence" by implementing or integrating:

- Movie Ratings from a number of sources, not just feedback from their own viewers, but they can add a legend that averages and imports customer response from both Amazon.com and their Internet Movie Database (INDB); Blockbuster; Hula; and other online video systems.

- Preferences: Netflix should have an Innovation department, similar to companies like Google where employees focus on improving the product or service. Does Netflix really listen to their customers to know what 'their' preferences are or do they just do random surveys on occasion and no one at the company really follows up?

- Trends: What are Netflix's competitors doing to provide subscribers with movie ...

Purchase this Solution


Free BrainMass Quizzes
Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.

Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.

Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media