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


sam worthington titan

The Sam Worthington Sci-Fi Thriller On Netflix That Needs A Sequel

In the ever-growing sea of science fiction movies, Netflix brings us another provocative installment with The Titan, starring the versatile …

1 year ago

oxygen netflix

The Sci-Fi Thriller On Netflix That Will Leave You Short Of Breath

In an age where science fiction films often bombard us with grandiose spectacles and interstellar explorations, Oxygen comes as a …

1 year ago

The Best Live-Action Anime On Netflix

If you’re looking for an intriguing suggestion on which live-action anime adaptation to watch next, look no further. Check out …

1 year ago

jason momoa marvel

The Jason Momoa Bloody Fantasy Movie On Netflix That Deserves A Sequel

The brutally violent 2011 remake of Conan the Barbarian, currently streaming on Netflix, should get a sequel or a reworking …

1 year ago

brad pitt

The Brad Pitt Military Movie On Netflix That Makes The US Army Look Ridiculous

In a career graced with multifaceted roles, Brad Pitt takes the helm in the sharply satirical war drama, War Machine. …

1 year ago

theo james

The Terrifying Theo James Dystopian Sci-Fi Movie On Netflix

Theo James is no stranger to dystopian worlds, with his breakthrough films being the adaptations of the YA Divergent series. …

1 year ago

alexander skarsgard nepotism

The Best Alexander Skarsgard Movies Streaming On Netflix

There are a few Alexander Skarsgard movies streaming on Netflix that are definitely worth checking out if you are a …

1 year ago

jeremy renner

The Jeremy Renner Neo-Western Crime Film On Netflix Is His Best Movie

In the unforgiving icy landscapes, where silence isn’t just golden but pervasive, we find ourselves engulfed in the gritty narrative …

1 year ago

idris elba

The Steamy Idris Elba Thriller Streaming On Netflix That Deserves A Second Chance

In the glamorous yet treacherous world of corporate allure comes a thriller that ties together lust, deceit, and obsession in …

1 year ago

tom hanks

The Funniest Tom Hanks Movie Is Streaming On Netflix

Ever thought you’d bought the fixer-upper from hell? Well, think again, because this one has you “beat”. Tom Hanks brings …

1 year ago

robin williams

The Robin Williams Fantasy Adventure Movie On Netflix That Will Make You Smile

In a brilliant reimagining of a childhood classic, Hook sweeps us off our feet and straight into a Neverland where …

1 year ago

The Tom Hanks Buddy Cop Comedy On Netflix That Needs A Second Look

Before Tom Hanks landed his iconic roles in films like Forrest Gump, Big, and Cast Away, he starred alongside Dan …

1 year ago

The Expendables 4

The Sylvester Stallone Action Franchise Leaving Netflix As Quickly As It Arrived

Though the film only just arrived on the streamer last month, The Expendables is scheduled to leave the Netflix rotation …

1 year ago

The Robert De Niro Action Classic On Netflix Everyone Needs To See

By now, you’d have to be living under a rock to have missed Robert De Niro’s extensive catalog of film …

1 year ago

Demon Slayer Season 3 Is Coming To Netflix

The third season of Demon Slayer recently concluded, wrapping up The Swordsmith Village Arc. This chapter has been hailed by …

1 year ago

The Fantasy Anime Series On Netflix Based On An Amazing Game

Another Netflix game adaptation brings video game giant Capcom to the streaming platform. Dragon’s Dogma is based on a game …

1 year ago

The Epic Channing Tatum Historical Action Movie On Netflix That Needs A Sequel

The Eagle transports viewers to the year 140 AD, during the reign of the Roman Empire and a period of …

1 year ago

The Anime Series On Netflix That’s A Forgotten Hidden Gem

With the popularity of Netflix’s live-action adaptation of Eiichiro Oda’s beloved anime, One Piece, audiences may be looking for more …

1 year ago

florence pugh

The Florence Pugh Psychological Thriller That’s A Streaming Hit On Netflix

If you crave domestic bliss, Don’t Worry Darling is not the movie for you. Florence Pugh and Harry Styles star …

1 year ago

The Animated Shows Dominating On Every Streaming Platform

Few things on Earth are as magical as animation. The form has been entertaining people of all ages for a …

1 year ago

netflix

The Most Iconic Cartoon Character Has A Movie Crushing On Netflix

Did you know that there was a live-action (with some CGI) Woody Woodpecker film that came out in 2017? Well, …

1 year ago

castlevania

Castlevania Series Trailer Reveals The Start Of A Legend

The fantastic animated Castlevania Netflix series is getting a sequel called Castlevania: Nocturne, and Netflix finally dropped the full trailer …

1 year ago

gerard butler netflix

The Gerard Butler Action Thriller On Netflix That Will Keep You Guessing

Gerard Butler fans rejoice – Netflix has added another title of the action star’s to their ever-expanding slate of content. …

1 year ago

squid game netflix

Squid Game Season 2: Meant To Be A One And Done Streamer, But Now

The first season of Squid Game was something that we’ve been told would never happen: a surprise. No one expected …

1 year ago

The Blake Lively Sexy Action Thriller Streaming On Netflix

Just because shows like Breaking Bad reset our expectations on what a saga about drug dealing could accomplish, 2012’s Savages, …

1 year ago

The Sci-Fi Cyberpunk Movie On Netflix That Predicts A Terrifying Future

Step into a chilling vision of the future where artificial intelligence meets human resilience in the Sci-Fi cyberpunk thriller, Tau. …

1 year ago

The Forgotten Team-Up Action Movie On Netflix With Marvel And DC Stars

Dive into a world of action, wit, and a sprinkle of humor with the ensemble cast of The Losers, now …

1 year ago

The Dark Gary Oldman Sci-Fi Thriller On Netflix

Gary Oldman has earned widespread acclaim for his remarkable ability to reflect the abilities of a chameleon. His characters have …

1 year ago

The Netflix Experiment With Streaming Choose Your Own Adventure Movies Is Failing

Many 90s and early 2000s kids will recall the popular ‘choose your own adventure’ books which allowed readers to make …

1 year ago

shrinking series premiere

The Jason Segel Mind-Bending Sci-Fi Trip On Netflix

Jason Segel, while famed for his comedic roles in movies like Forgetting Sarah Marshall and This is 40, has also …

1 year ago