What Is an Entertainment Company in 2021 and Why Does the Answer Matter? [MatthewBall]

Netflix sign outside its Los Gatos, Calif. headquarters.

What Is an Entertainment Company in 2021 and Why Does the Answer Matter? [MatthewBall]

By Matthew Ball

May 5, 2021 | In the 1960s, Theodore Levitt, a resident economist and professor at Harvard Business School unveiled his theory of “marketing myopia”. Specifically, he postulated that too many companies define themselves through their products rather than the need(s) they fulfill (this idea has been largely remixed as “job to be done” theory). This mindset exposes these companies to displacement and disruption.

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