Founded
29/8/1997
Founder
Reed Hastings, Marc Randolph
How Many Subscribers
222 million subscribers
How Many Employees
11,300
Snippet Below:
Netflix, Inc is an American Subscription streaming service and production company. Netflix offers a vast library of films and televisions series through distribution deals and through their own productions known as Netflix Originals. Reed Hastings got the idea for Netflix after renting a VHS Tape from Blockbuster Video after he was charged a late fee for returning the tape past it's return date.
Reed Hastings knew that things could be better so he started work on Netflix. Netflix started off as a DVD by Mail company; customers could both rent and buy DVD's from Netflix without late fees.
By 2007 Netflix launched it's streaming service, the service launched at $7.99 per month.
How Much Money Does Netflix Make
Netflix generated $24.9 billion revenue in 2020
How Many Academy Awards Has Netflix Won
16 awards
CEO
Ted Sarandos (14 July 2020 -), Reed Hastings (September 1998-)