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Re:The metrics behind Spotify’s IPO by majormajor on Tuesday March 06, 2018 @12:42PM (#16530418)
By that time, actually, the four traditional TV networks were already quite disrupted by cable networks. Netflix was following a well-established non-major-broadcast-network model (e.g. HBO, USA, FX, Showtime, etc) that had achieved a lot of prominence already.

Some of the most talked-about shows in the country were only on cable.

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