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


chris hemsworth pedro pascal

Chris Hemsworth And Pedro Pascal Team Up For Crime Thriller On Streaming

MCU’s Thor, aka Chris Hemsworth, and actor Pedro Pascal of the massively popular The Last of Us are starring together …

1 year ago

the killer netflix

The Killer Netflix Trailer Reveals An Amazing Hitman Thriller

Netflix doesn’t really have the best track record with comic book adaptations; releases such as Jupiter’s Legacy, Daybreak, Space Force, …

1 year ago

io movie netflix

The Post-Apocalyptic Sci-Fi Movie On Netflix That Needs A Sequel

In an age where post-apocalyptic tales have become almost a rite of passage for filmmakers, Io sets itself apart, diving …

1 year ago

sleight movie

The Sci-Fi Thriller On Netflix That Feels Like A Marvel Movie

With the constant steady flow of Marvel movies that we’ve seen since the MCU kicked off in 2008, one of …

1 year ago

The Mind-Melting Thriller On Netflix That Will Make You Question Reality

Charlie Kaufman just might be the king of mindf*** movies. Kaufman is the creative voice behind such brain breakers as …

1 year ago

anthony mackie

The Anthony Mackie Sci-Fi Thriller On Netflix That Predicts A Scary Future

Ahoy, sci-fi enthusiasts! Ever wonder what happens when the suave charisma of Falcon from the Marvel universe meets the futuristic …

1 year ago

The Shia LaBeouf Crime Thriller On Netflix Is A Shockingly True Story

Step back in time to the Prohibition era with the rustic, bootlegging drama, Lawless. Currently available for a nostalgic stream …

1 year ago

the platform netflix

The Sci-Fi Thriller On Netflix That Will Have You On The Edge Of Your Seat

Many incredible sci-fi films have been released in recent years examining the growing class disparity continually seen around the world, …

1 year ago

the giver

The Sci-Fi Thriller On Netflix Based On One Of The Best Books Ever Written

If you haven’t read it since childhood, you may remember Lois Lowry’s 1993 novel The Giver as one of the …

1 year ago

The Will Smith Sci-Fi Bomb That Was Meant To Be A Massive Franchise Is On Netflix

Alright, fellow couch surfers, gather ’round for a cinematic adventure that’s out of this world—literally! Remember that time Will Smith …

1 year ago

airport

The Best Air Disaster Movie Ever Is Streaming On Netflix

If you’ve ever wondered where the “disaster film” genre really took flight, look no further than Airport. Streaming now on …

1 year ago

keanu reeves

A Forgotten Keanu Reeves Action Thriller Is Crushing On Netflix

In the vast filmography of Keanu Reeves, few roles showcase his gritty, no-holds-barred acting prowess quite like Street Kings. Streaming …

1 year ago

rob zombie halloween

The Rob Zombie Horror Comedy Remake Streaming On Netflix

The 2022 horror-comedy The Munsters is currently streaming on Netflix. Written and directed by Rob Zombie, the movie is a reboot of the …

1 year ago

megan fox

The Megan Fox And Sydney Sweeney Sexy Vampire Thriller Streaming On Netflix

When the sun goes down and the city’s nightlife begins to pulse, things take a dark and thrilling turn in …

1 year ago

jake gyllenhaal

The Creepy Jake Gyllenhaal Thriller On Netflix That Will Keep You Guessing

Dive into the darkly fascinating world of Nocturnal Animals, where Jake Gyllenhaal showcases his unparalleled acting chops in this hauntingly …

1 year ago

The Greatest Comedy Franchise Ever Is Streaming On Netflix

Most of the work of the legendary Monty Python comedy troupe is streaming on Netflix now. Beginning on the BBC …

1 year ago

seth rogen

The Raunchiest Seth Rogen Movie Of All Time Is Now On Netflix

Sausage Party, written by Seth Rogan, Evan Goldberg, and Jonah Hill, is available to stream now on Netflix. Admittedly, this …

1 year ago

The Ryan Gosling Financial Thriller On Netflix Based On A True Story

If you’re seeking an unexpected yet strangely successful blend of dark comedy, character exploration, and detective elements, look no further …

1 year ago

Matthew Broderick Is An Evil Villain In One Of Netflix’s Top Streaming Series

Whether through scripted or documentary form, Netflix has never been a platform to shy away from telling hard-hitting stories. Such …

1 year ago

The Stephen King Horror Thriller On Netflix That Will Mess With Your Mind

Mike Flanagan is well known at this point as a prolific Netflix filmmaker with such hits in his lengthy filmography …

1 year ago

The New Netflix Horror Movie Ripping Off Stephen King’s It 

If you’re in the mood for streaming a killer clown film and you don’t want to watch the cinematic classic …

1 year ago

natalie portman

The Natalie Portman Crime Thriller On Netflix That’s An Action Classic

In the realm of action-thrillers, few films manage to strike a balance between heart-pounding intensity and emotional depth as effectively …

1 year ago

keanu reeves

The Controversial Keanu Reeves Drama On Netflix That Some Wanted Banned

Dive into the raw and deeply emotional world of To The Bone, a drama that finds its way to the …

1 year ago

mel gibson

The Forgotten Mel Gibson Crime Thriller On Netflix Is A Must-Watch

Ah, Mel Gibson. Whether he’s playing a post-apocalyptic road warrior or donning a kilt in medieval Scotland, he’s always brought …

1 year ago

christian bale bride of frankenstein

The Salma Hayek Crime Thriller On Netflix That Deserves More Attention

There is no shortage of entertaining movies out there, but there’s a certain crime thriller that is streaming on Netflix …

1 year ago

Snyder Cut Of Netflix’s Sci-Fi Epic Rebel Moon Is Happening

The Snyder Cut is bigger than all of us. Filmmaker Zack Snyder has earned a reputation for releasing lengthy director’s …

1 year ago

The Shark Horror Thriller Sequel On Netflix That’s Better Than The Original

Ever since Jaws first premiered on the big screen back in 1975, filmmakers have been trying to recapture the thrills …

1 year ago

The Quentin Tarantino Thriller On Netflix That Doesn’t Get Enough Love

The award-winning director Quentin Tarantino has created nine incredible films over the course of his career. While some of his …

1 year ago