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A Brief History of Netflix

The Began of the Streaming Service

Netflix Originals

Thank you!

  • In February 2007, Netflix began to move away from its original core business model of DVDs, by introducing video on demand via the Internet.

  • Three years later, the service had topped 20 million subscribers.

  • On September 18, 2011, Netflix announced that it would split out and rebrand its DVD-by-mail service as Qwikster.
  • A "Netflix Original" is content that is produced, co-produced, or distributed by Netflix exclusively on their services.

  • Netflix funds their original shows differently than other TV networks when they sign a project, providing the money upfront and immediately ordering two seasons of most series.

Bibliography:

  • http://edition.cnn.com/2014/07/21/showbiz/gallery/netflix-history/
  • https://en.wikipedia.org/wiki/Netflix
  • https://pt.wikipedia.org/wiki/Netflix

2007

2013

1999

2017

1997

Netflix today:

International expansion

The Beginning

  • Profit: US$8.83 billion (2016)

  • Users: 98 million (worldwide)

50 million (United States).

  • Netflix began with only 300 employees and 925 DVDs available.

  • In 1999, Netflix adopts a monthly subscription model: unlimited rentals for a single monthly rate.

  • In 2000, Netflix offered to be acquired by Blockbuster for $50 million, but the offer was declined.
  • Netflix was founded on August 29, 1997, by Reed Hastings and Marc Rudolph, two software engineers.

  • It began with the sell and rent of DVDs.

  • Soon, Netflix became the main Blockbuster rival.

Netflix head office, in Los Gatos, California.

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