Netflix (NASDAQ:NFLX) (NASDAQ: NFLX) operates as a leading subscription-based streaming entertainment service, offering a vast library of films, television series, documentaries and specials to subscribers around the world. The company’s on-demand platform delivers content over internet-connected devices, including smart TVs, gaming consoles, smartphones and tablets. With an emphasis on personalized viewing experiences, Netflix employs data-driven recommendation algorithms to present tailored content selections to its global audience.
In addition to licensing third-party content, Netflix has made significant investments in original programming, producing award-winning series, feature films, documentaries and stand-up specials under the “Netflix Originals” banner. These productions span diverse genres and languages, reflecting the company’s commitment to serving varied tastes and demographics in more than 190 countries and territories. The company’s global production footprint extends from the United States to Europe, Latin America, Asia-Pacific and beyond, often collaborating with local creators and studios.
Founded in 1997 by Reed Hastings and Marc Randolph, Netflix initially disrupted the home entertainment market through its DVD-by-mail rental service. In 2007, the company launched its streaming service, fundamentally transforming content distribution by shifting consumer behavior away from traditional cable and satellite providers. Over the years, Netflix has continuously evolved its technology infrastructure, investing in video encoding, content delivery networks and cloud-based operations to support reliable, high-quality streaming worldwide.
Under the leadership of co-CEOs Ted Sarandos and Greg Peters, along with Executive Chairman Reed Hastings, Netflix continues to pioneer industry trends and expand its creative slate. The company’s strategic priorities include scaling its membership base, deepening viewer engagement through enhanced personalization and exploring new revenue streams. As a prominent global entertainment provider, Netflix remains focused on diversifying its content offerings while maintaining a user-centric approach to digital streaming.
