Company Information Netflix
Netflix is ??an American entertainment company headquartered in Los Gatos, California. Primary activity: streaming multimedia-based supplier of films and TV shows. It was founded on August 29, 1997.
Netflix’s initial business model included physical sales and DVD movie rental, but a year after its founding, the company focused only on rental, using the DVD by mail business model exclusively in the United States.
In 2007, Netflix expanded its business by introducing a streaming service, while maintaining a DVD and Blu-ray rental service. The company entered the international market in 2010 when streaming became available in Canada. In March 2015, the service became available in Australia and New Zealand, and in the fall – in Japan.
Since 2013, Netflix has been producing its own films, series, and television shows. In 2016, the company released 126 original series and films – more than any other network or cable channel. As of January 2018, the company had 117.58 million paid subscribers around the world, including 54.75 million in the United States.
In 2002, Netflix was added to the NASDAQ exchange list.
In 2017, the company’s shares added more than 50%. Moreover, in the first 2 months of 2018, stocks were able to show the same 50% growth.