Lesson Plan: From Napster to Netflix: The History and Impact of Streaming Services
Grades 10-12
The software was called Napster, named by its 18-year-old developer, and its use exploded across college campuses nationwide. Music lovers no longer had to visit a record store to buy CDs: With a mouse click they could access their favorite songs, free. Seeing a serious threat to its long-profitable business model, the record industry turned to the courts to shut the company down. But a generation of consumers had already experienced on-demand entertainment, and there was no going back. This lesson explores the economic forces behind such disruption, including cost and price, structural unemployment and economies of scale.
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