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
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.