Which innovative pricing strategy did Netflix use to revolutionize the film and television consumption model when it launched its streaming service?

The streaming landscape has dramatically transformed how we consume film and television content. As competition intensifies, pricing strategies have become a crucial battleground for viewer loyalty. This trivia question explores a key pricing innovation that Netflix implemented to disrupt traditional viewing habits and establish its dominance in the streaming market.

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Subscription-based flat fee with no ads (unlimited viewing)
Pay-per-view model with premium content tiers
Freemium model with basic content free and premium content paid
Microtransaction system where viewers pay for minutes watched