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The document discusses the evolution of movie entertainment and how Netflix grew throughout the years. It notes that movie theaters first emerged in the early 19th century and became a popular form of entertainment. However, people began wanting more convenient streaming options at home. This led to the rise of Netflix, which initially offered DVD rentals by mail but has since expanded into online streaming. The document examines Netflix's growth after 2011 when it shifted its business model and focused on online streaming exclusively.Read less