Which retail strategy did Netflix pioneer in 2013 that revolutionized television consumption patterns and forced competitors to adapt their release models?

The film and television industry has been revolutionized by streaming platforms that completely transformed our viewing habits. One particular retail strategy changed how we consume content forever. Test your knowledge about the business decision that launched the binge-watching era and altered the competitive landscape of entertainment delivery.

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Releasing all episodes of 'House of Cards' simultaneously, creating the binge-watching model
Implementing a pay-per-episode pricing structure that undercut cable television costs
Launching the first algorithm-based content recommendation system for viewers
Creating the first subscription-based streaming service with no advertisements