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Top 10 Disruptors Empowering Consumers

Top 10 Disruptors Empowering Consumers

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Netflix, NFLX,actually pulled off a one-two punch in the world of disruption, first changing the home DVD rental market (which ultimately resulted in companies like Hollywood Video going out of business and Blockbuster being forced into bankruptcy court), then leading the charge in home video streaming (forcing competitors to once again adapt).

At its prime, Netflix boasted a stock price of $305 a share. That tumbled when the company hiked fees 60 percent last year and some customers abandoned ship.

Netflix still boasts a base of roughly 24 million subscribers, though. And Dish Network DISH,which now owns Blockbuster, has given up on its efforts to compete with the company. Apple, Hulu and Amazon remain competitors, but not one is particularly close at this point. In June, IHS Screen Digest estimated Netflix’s share of online movie distribution dollars at 44 percent. (Apple held just 32 percent, the others didn't make the list.)

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