Which innovative market research technique did Netflix first employ in 2006 that revolutionized how streaming platforms develop content?

Streaming services have fundamentally transformed the film and television industry, reshaping how content is produced, distributed, and consumed. This transformation represents one of the most significant shifts in consumer behavior in entertainment history. Test your knowledge about the strategic decisions and market research that drove this revolution and continues to influence content creation today.

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The Netflix Prize: A $1 million open competition for the best algorithm to predict user ratings for films
Focus groups of industry professionals who evaluated pilot episodes
Traditional Nielsen ratings applied to internet viewing habits
Quarterly customer satisfaction surveys with monetary incentives