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


james cameron

The Sci-Fi Thriller On Netflix With An Avatar Star Everyone Forgot

Sam Worthington has been in two of the biggest sci-fi movies of all time, Avatar and Avatar: The Way of …

1 year ago

one piece

One Piece Haki: Why It’s More Powerful Than Devil Fruits

While Devil Fruits tend to get a lot of attention in One Piece due to their rarity and the uniqueness …

1 year ago

Amy Adams

The Amy Adams Crime Thriller On Netflix That Will Turn You Into A Detective

The 2021 psychological thriller The Woman in the Window is currently streaming on Netflix. The film is directed by Joe Wright and …

1 year ago

One Piece Grand Line: Where Is The Deadly Ocean?

The Netflix live-action adaptation of One Piece manga and anime sparked a widespread interest in the narrative, captivating even among …

1 year ago

helen hunt

The Forgotten Helen Hunt Horror Movie Streaming On Netflix

In a world where secrets lurk in the most ordinary corners, the chilling thriller I See You, featuring the inimitable …

1 year ago

One Piece Director Reveals The Hardest Live-Action Character To Cast

Even though Netflix greenlit the series adaptation of the long-running manga and anime One Piece in 2020, it wasn’t until …

1 year ago

The Jake Gyllenhaal Netflix Thriller That Will Get Your Heart Racing

If you like thrillers, then you’ve probably noticed most of them are overly bland and (if we’re being honest) completely …

1 year ago

The Seven Warlords Of One Piece: Who Are These Mighty Pirates? 

Part of the joy of new fans jumping into the live-action One Piece on Netflix is that they have so …

1 year ago

One Piece: What Is The Treasure All The Pirates Want?

When Gol D. Roger was executed, he set off the largest and longest treasure hunt in history. For over a …

1 year ago

one piece

Netflix’s One Piece Season 2: Everyone Wants More But…

Netflix’s One Piece live-action adaptation has not only made up for the streamer’s lackluster Cowboy Bebop and Death Note shows …

1 year ago

netflix one piece

One Piece Live-Action Star Didn’t Want Best Part Of Anime Series

The live-action adaptation of Eiichiro Oda’s beloved manga and anime series is probably one of the most anticipated Netflix shows …

1 year ago

guy pearce

The Guy Pearce Neo-Noir Sci-Fi Thriller On Netflix That Sees An Eerie Future

Dive into the heart of a futuristic metropolis with the sci-fi thriller Zone 414, now streaming on Netflix. In a …

1 year ago

The John Travolta Netflix Thriller Is Crushing It As A Great Mystery

John Travolta and Samuel L. Jackson are dominating Netflix with one of their past collaborations, and we’re not talking about …

1 year ago

jeremy allen white

The Jeremy Allen White Horror Movie On Netflix To Stream If You Love The Bear

In the chilling corners of psychological thriller territory, Netflix invites us to check into The Rental. Starring Jeremy Allen White, …

1 year ago

The Netflix Horror Series Stephen King Calls Terrific And Bloody

In 2020, Netflix released Dracula, a three-episode co-production with the BBC. The show, created by Steven Moffat and Mark Gatiss, is …

1 year ago

liev schreiber

The Heartbreaking Liev Schreiber Drama Streaming On Netflix

Dive into a world where the nuances of human interaction and socio-economic disparities are laid bare in the thought-provoking drama, …

1 year ago

the wretched

The Supernatural Horror Movie Streaming On Netflix That Is Pure Evil

In a market saturated with horror flicks, each vying to outdo the other in gore and jump scares, The Wretched …

1 year ago

Who Is Vice Admiral Garp? The One Piece Villain Explained

Vice Admiral Garp is one of the most fascinating villains in anime and a standout in the world of One …

1 year ago

voice actors ai

The Will Ferrell Comedy On Netflix Everyone Is Still Quoting Today

If you have yet to see Will Ferrell’s satirical comedy, Anchorman: The Legend of Ron Burgundy, Netflix is giving you …

1 year ago

athena

The Netflix Action Thriller That Will Make You Want To Burn It All Down

It’s not often that Netflix releases an action thriller that also comes with a message or a reflection of real-world …

1 year ago

liam neeson

The Liam Neeson Mystery Thriller On Netflix That’s Better Than You Think

Sure, we know and love Liam Neeson for his roles in thrillers including the Taken franchise, Retribution, Memory, and oh, …

1 year ago

The Battling Kaiju Series That Just Debuted On Netflix Revives A 50-Year Old Franchise

Gamera Rebirth, an animated project centered on the kaiju Gamera, has recently dropped on Netflix, and while the animation isn’t …

1 year ago

one piece

Who Is Buggy? The One Piece Pirate Clown, Explained

The Netflix One Piece live-action adaptation has been taking the world by storm, and one of the characters that is …

1 year ago

one piece

One Piece Season 2 Not Assured, Current Renewal Status Revealed

Fans have been kinder to Netflix’s live-action One Piece adaptation than any of the streamer’s other attempts at adapting anime …

1 year ago

keira knightley

The Keira Knightley Genre-Bending Romantic Comedy On Netflix

The 2005 adaptation of Jane Austen’s classic 1883 novel Pride & Prejudice is currently streaming on Netflix. The film stars Keira Knightley …

1 year ago

One Piece Live Action Series Cut Out Something Critical And Now We Know Why

The first season of Netflix’s One Piece started streaming on August 31, and fans have noticed that the live-action series …

1 year ago

Stephen King

The New Netflix Series Stephen King Says He’s Addicted To

Stephen King is a master of horror, so there are plenty of people who are interested to hear about his …

1 year ago

The Live-Action Anime Movie On Netflix To Watch After You Finish One-Piece

Caught up in One Piece hysteria, the world can’t seem to get enough of Netflix’s live-action anime series. Putting similar …

1 year ago

Fish-Men? Why One Piece Has These Strange Characters

If you’ve been watching One Piece on Netflix, then you probably have more than a few questions regarding some of …

1 year ago