Which innovative strategy did Netflix first implement to dramatically increase customer lifetime value that traditional studios and networks hadn't previously employed?

The film and television industry has undergone massive transformation with the rise of streaming services. These platforms have revolutionized how studios think about customer lifetime value (CLV), shifting from single-ticket purchases to subscription models. This poll tests your knowledge of how major studios and streaming platforms calculate and maximize the value of their viewers over time.

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Releasing entire seasons at once for binge-watching, creating 'stickier' viewer relationships
Creating merchandise tie-ins for all original content to generate additional revenue streams
Implementing a tiered pricing system based on video quality and number of simultaneous streams
Using advanced facial recognition to personalize content recommendations