Netflix makes a big mistake in its streaming battle with Disney

Netflix (NFLX) doesn’t understand why people subscribe to Netflix.

The company was built on content. At first, that meant mailing DVDs to him, which was more convenient than going to Blockbuster or your local video rental store. Plus, the company didn’t charge late fees, so if you kept “Police Academy 4: Citizens on Patrol” for a month, you didn’t have to face the embarrassment and extra cost of giving it back to a real person.

Later, the company built its business to become the streaming home for popular and old content. If you wanted to watch every season of “Friends” or “How I Met Your Mother” without being tied to when those shows aired in syndication and didn’t want to shell out big bucks for DVDs, Netflix had you covered. .

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