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 crazies

The Sci-Fi Horror Viral Outbreak Classic From A Master Filmmaker, Stream Without Netflix

Horror legend George Romero gave horror audiences some of the greatest genre entries over a five-decade career, forever changing how …

4 months ago

Netflix Horror Blockbuster Sees Action Star Become Demon Fighter

1973’s The Exorcist set the high bar that every other exorcism movie is measured against, and so far there haven’t …

4 months ago

Netflix Thriller Biopic Has Hollywood A-Lister Fighting For His Life

Biopics set in modern times are often held under more scrutiny than their historical counterparts because when creative liberties are …

4 months ago

netflix terminator zero

Netflix Terminator Zero Series Leaks Online In Full

In what appears to be one of the largest entertainment leaks in streaming history, several anime series have been illegally …

4 months ago

The Hottest Action Drama Series Is Now On Netflix

Season 1 of one of the hottest action dramas, Fire Country, made its way to Netflix just recently, ahead of …

4 months ago

Rebel Ridge Is The Netflix Crime Thriller We Can’t Wait To See, Here’s The Proof

Running into a hornet’s nest of corruption, Terry Richmond (Aaron Pierre) ends up in a standoff with the corrupt police …

4 months ago

anon netflix

Netflix Dystopian Sci-Fi Thriller Is Disturbingly Close to Becoming Real

Netflix shows like Black Mirror have done a great job at creating a creepy and very-possible dystopian near-future. There’s now …

4 months ago

white chicks

Netflix Wildly Offensive Comedy Is A Modern Cult Classic

Throughout the history of cinema, some of the greatest films ever made could probably be considered wildly offensive. The 1961 …

4 months ago

my hero academia

The Best Superhero Anime On Netflix Has A Major Problem

Netflix has a fairly decent anime selection, giving fans access to some of the most popular anime in the world …

4 months ago

Netflix Horror Comedy Turns Brutal Dictator Into A Joke

One of the major ripple effects of the WGA and SAG-AFTRA strikes of 2023 saw American audiences flocking to foreign …

4 months ago

Netflix Cancels Zack Snyder Sequels And Series, Franchise Dead?

Despite the success of the Army of the Dead movie, with 75 million households making it the ninth most-watched movie …

4 months ago

Beast Games Contestants Describe Horrific Conditions Under MrBeast

You most likely know Jimmy Donaldson as MrBeast, someone who has become inarguably the biggest YouTuber of all. One of …

4 months ago

Netflix R-Rated Apocalyptic Thriller Makes You Start Looking For Shelter

Many people truly do take it for granted how much they rely on modern technology. People hear stories about doomsday …

4 months ago

Stranger Things: The First Shadow Finally Coming To America

Stranger Things fans are accustomed to waiting very long times between seasons, and at this point, many of us would …

4 months ago

ghostbusters frozen empire

Divisive Sequel To Beloved Franchise Gets Second Chance On Netflix

Few film franchises are quite as weird as Ghostbusters, which went from having a hit adult movie to a kid-friendly …

4 months ago

Netflix Brings The World’s Most Popular Cartoon Back In Wild New Movie

It’s almost a little too hard to believe that SpongeBob SquarePants made its debut on Nickelodeon over 25 years ago. …

4 months ago

lone wolf mcquade

Stream The Best Worst Chuck Norris Movie Right Now Without Netflix

In the years before he settled into his role as Walker, Texas Ranger, action star Chuck Norris gave martial arts …

4 months ago

Netflix Bloody R-Rated Prequel Cuts Out A New Horror Franchise

Earlier this summer, Ti West’s blood-soaked trilogy came to an end with MaXXXine. Soon, Netflix subscribers who are eager to …

4 months ago

Comic Book Assassin Action Comedy Is Back On Top Of Netflix

It’s always interesting to see something from more than a decade ago trend on Netflix and make its way onto …

4 months ago

homelander

Netflix Superhero Makes The Boys Homelander Look Like A Boy Scout

Thanks to Amazon’s The Boys, Antony Starr’s Homelander has earned a reputation as the bloodiest, most brutal, most insane answer …

4 months ago

Netflix Gets Fan-Favorite Series Adaptations Of Author’s Beloved Supernatural Universe

Over the last few years, AMC has been bringing the stories of one of supernatural fiction’s most iconic writers to …

4 months ago

oddballs

Netflix Comedy Series Based On Popular YouTuber Is Appropriately Odd

YouTube is an odd duck when it comes to the entertainment world. For the most part, it remains its own …

4 months ago

Netflix Vampire Action Comedy Starring Punk Rock Icon Will Punch You In The Gut

“Why are you calling, Gillian? I remember hating you” is one of the first lines of dialogue in He Never …

4 months ago

twin peaks season 4

David Lynch Can’t Direct Movies Anymore And Fans Are Crushed

One of the most interesting and stylish directors alive, David Lynch, may not be making movies anytime soon due to …

4 months ago

Netflix Anime Is The Darkest Ever Made

Have you ever misjudged an anime based on its title and ended up watching something that shakes you to your …

4 months ago

R-Rated Action Comedy Box Office Bomb Finds New Audience On Netflix

Like it or not, some movies released in theaters are just box office poison. The Machine, starring Bert Kreischer, Mark …

4 months ago

Netflix Sci-Fi Action Epic Is the Perfect Intro To Iconic Anime Franchise

If you’re like me, there are certain anime franchises that you’d like to experience, but there is just way too …

4 months ago

The Perfect Vampire Horror Comedy Is On Netflix

Most great vampire horror movies succeed by taking these creatures seriously, both as monsters and as metaphors for forbidden desire …

4 months ago

sailor Moon Crystal

The Perfect Netflix Anime To Binge Before Upcoming Finale Movie

The original Sailor Moon cartoon had a profound effect on an entire generation of fans, introducing many of them to …

4 months ago

Hated Horror Sequel On Netflix Doesn’t Deserve It

If you watch enough movies, something surprising will eventually happen: you’ll walk away from a movie thinking it was decent, …

4 months ago