Netflix


netflix
Netflix Stars
  • Launched On: August 29, 1997
  • Platform: Streaming
  • Founders:  Marc Randolph and Reed Hastings 

  • Netflix currently ranks as the top streaming service in the world, with more than 260 million subscribers.
How Netflix Started

While it was passed around for some time that Netflix was started in a college dorm room, that wasn’t the case.

The services founders had some experience in the tech space, at least before giving it the proverbial college try. In 1997, Reed Hastings and Marc Randolph teamed up to found Netflix, which began as a DVD-rental service that sent DVDs through the mail to subscribers.

They had considerable funding to start after Hastings’ previous company, Pure Atria, was acquired for $700 million. The idea was born while Hastings and Randolph were sharing rides to and from work around this time.

Netflix is big news in streaming now, but that’s not how they started. Back then Netflix was breaking news by being at the forefront of the DVD market, which was just emerging at the time. Though it would be a few years before those were able to overtake VHS tapes as part of the rental market, Netflix was well-positioned for the shift.

In its early years, Netflix also began to undo some of the common trends in the industry. Namely, they ditched the cost-per-rental model and instead went strictly to a subscription service, again being at the forefront of how the movie market would emerge in the coming years.

Who Owns Netflix Now?

If you’re wondering who owns Netflix now, that’s not a question that can be answered by one specific person.

To begin with, Reed Hastings had a 70% share in the initial company because his investment, at the time, was the largest. He was the decision maker in not selling to Amazon early on, which turned out to be more than a little positive in the long run.

However, in 2002 Netflix became a publicly traded company. To begin with, the stock went for $15 dollars per share.

So to determine who owns Netflix now, you’d have to ask who owns the most Netflix stock right now. For starters, Reed Hastings currently owns about 1% of all Netflix stock.

Hastings’ overall net worth is estimated to be around $2.6 billion dollars. A number that has to make him more than a little happy he didn’t take the $14 million offer from Amazon all those years ago.

According to the latest filings on this sort of thing, the largest owner of Netflix’s stock is The Vanguard Group which owns 32.5 million shares of Netflix.

That position is valued at right around $5.7 billion dollars. Behind them is BlackRock Fund Advisors with about 18.8 million shares and Capital Research & Management is right behind them with about the same amount. Those two own about $3.3 billion dollars each.

An initial $1,000 investment in Netflix back in 2002 would now be worth in the range of $14,000 today.

How Popular Is Netflix?

The average streamer has 4.7 current subscriptions, with Netflix subscriptions reportedly in 62% of households (according to Statista) who are using streaming services. Following them was Amazon Prime Video, which has a built-in advantage for this number seeing as how this service is tied to their Amazon Prime subscription.

Who owns the streaming market isn’t a clear answer with Netflix anymore. Their grip is shrinking even though they are still a total giant.

Over the years, Netflix has put out some of the best series television and streaming has to offer. Some of the series like Stranger Things and Squid Game have become massive performers for the platform.

And the hits are still coming for the streamer with Netflix continuing to push the content envelope.

Jump directly to different Netflix series to see the casts for each and news for every actor.

Stranger Things Cast News
The Witcher Cast News
Wednesday Cast News
Outer Banks Cast News
Bridgerton Cast News

Netflix might be known more for its series franchises, but its had plenty of huge movies on the streamer as well.

And the hits are still coming for the streamer with Netflix continuing to push the content envelope.

Netflix News For Each Movie Franchise

Jump directly to different Netflix movies to see the casts for each and news for every actor.

Enola Holmes Cast News
Red Notice Cast News
The Gray Man Cast News
Extraction Cast News

Latest Netflix News


The Exorcist Reboot Needs These Mike Flanagan Actors

If there’s one thing Mike Flanagan is known for, it’s being consistent. The filmmaker is particularly consistent with two things …

6 months ago

godzilla minus one

Godzilla Is The King Of Netflix

The King has claimed his place at the top of Netflix as Godzilla Minus One is the number one movie …

6 months ago

Netflix Sci-Fi Blockbuster Is A Must-See 1980s Epic

Denis Villeneuve’s Dune: Part Two is an epic sci-fi masterpiece and a worthy adaptation of Frank Herbert’s seminal novel. With …

6 months ago

vampire in the garden

Netflix Vampire Horror Mystery Anime Series Deserves More

Netflix’s original anime Vampire in the Garden doesn’t suffer from bad animation, weak world-building, or awful characters. The main problem …

6 months ago

harrison ford what lies beneath
Godzilla minus one Netflix

Netflix Gets The Best Sci-Fi Blockbuster Of The Decade

By now you’ve probably heard at least one person in your life rave about Godzilla Minus One. And maybe you …

6 months ago

dark night of the scarecrow

The ’80s Horror Cult Classic Scarier Than Dark Harvest, Stream Without Netflix

The scarecrow has long been the source of terror in horror lore, though it wasn’t until 40 years ago that …

6 months ago

The Netflix Horror Series That Deserves A Season 2

The limited series is a surprisingly small genre for television. It seems like most TV shows start with no clear …

6 months ago

Mike Flanagan Netflix
from beyond

The Best Lovecraft Sci-Fi Horror Thriller Ever, Stream Without Netflix

Fans of H.P. Lovecraft will often lament the film adaptations of the horror writer’s works, and rightfully so. The grand …

6 months ago

code 8 netflix

Netflix Sci-Fi Action Thriller With Two DC Superheroes Is An Indie Success Story

With how huge and successful the MCU has become, it has become pretty easy to spot Marvel actors in other …

6 months ago

Netflix Stephen King Horror Thriller Is Near Perfect Until The Very Ending

The works of Stephen King are widely known to contain some super strange elements that often fail to translate to …

6 months ago

Netflix Sci-Fi Thriller With A-List Star Sends You To Mars

Who doesn’t love a good space drama? If you’re looking for a TV series about humanity landing on Mars, then …

6 months ago

Netflix Sci-Fi Action Blockbuster More Fun Than Rotten Tomatoes Makes You Believe

Chris Hemsworth is starring in an upcoming animated Transformers movie (along with possibly the Transformers/GI Joe movie), and Margot Robbie …

6 months ago

swamp thing movie

The Sci-Fi Horror Thriller Comic Book Classic Every Fan Should See, Stream Without Netflix

Prior to 1982, DC comic book characters that graced the big screen had been big name heroes from long-running books. …

6 months ago

Netflix Shark Thriller Under Fire From Lawsuit Over Story

A major Netflix project, the upcoming shark thriller Under Paris, is enduring potential removal from the platform only a few …

6 months ago

Netflix Gets The Most Heartwarming Family Drama In Years, Get Your Tissues Now

Wonder, released in 2017 by Lionsgate, is a spectacular film that tugs at your heartstrings for its duration of just …

6 months ago

Netflix Dark Anime Combines Fantasy And Heavy Metal Like No Other Series

The anime series Bastard!! -Heavy Metal, Dark Fantasy is streaming on Netflix. The series follows Dark Schneider, a powerful egoistic …

6 months ago

mutant movie

The 80s Sci-Fi Horror Hidden Gem With Mutant Zombies, Stream Without Netflix

The blend of science fiction and horror was never better than it was during the 1980s. Crossover films like Night …

6 months ago

scavengers reign

Netflix Sci-Fi Fantasy Series Unlike Anything You’ve Seen Before, Season 2 Actually Happening?

Netflix just killed a bunch of Season 2 renewals, including several K-dramas and many other works. However, it also continues …

6 months ago

netflix minecraft

Netflix Minecraft Series Announces New Characters In Franchise Shakeup

Minecraft is the world’s best-selling video game title, and it’s not at all strange that the game is getting its …

6 months ago

Netflix Releases Umbrella Academy Final Season Trailer

A trailer for The Umbrella Academy Season 4 has been released by Netflix, building hype for the show’s last season. …

6 months ago

Sisyphus series

Netflix Sci-Fi Thriller Series Is A Great Binge For Time Travel Fans

South Korean shows like Squid Game have become some of the best options Netflix has to offer, but there are …

6 months ago

The Best New Netflix Series Gets Season 2 Order

Netflix has officially renewed The Vince Staples Show for Season 2. The series, which stars the titular rapper, debuted to …

6 months ago

The Sci-Fi Thriller Series On Netflix From Three Titans Of Science Fiction

If you’ve been tuned into pop culture at all in the last 30 years, then there’s a pretty good chance …

6 months ago

The Netflix Sci-Fi Anime About Evil AI You Should Watch Instead Of Atlas

Critics are calling Netflix’s latest sci-fi original, Atlas, one of the worst films to enter the genre in a very …

6 months ago

man in full

New Netflix Drama Will Fill The Succession Shaped Hole In Your Life

It’s now been one full year since HBO bid adieu to one of its hottest TV dramas in recent years …

6 months ago

the first omen

The Best Horror Franchise Sequel Of The Year Isn’t On Netflix

In the world of horror movies, franchise prequels are often disappointing–movies like Hannibal Rising and Exorcist: The Beginning, for example, …

6 months ago

Netflix Sci-Fi Thriller Tackles Controversial Real-World Issue

The sci-fi genre, besides dealing with things of an imaginative nature, often tack on some controversial issues that plague the …

6 months ago

bionic netflix

Netflix Sci-Fi Dystopian Thriller Turns Sports Into A Deadly Game

Genre-blending films and series are always interesting. Netflix’s new offering, Bionic, a sci-fi dystopian thriller merging the intense world of …

6 months ago