Timeline of Netflix History
What is Netflix?
NFLX
- Publicly owned company that allows DVD rental and on-demand internet streaming of movies and TV shows
- Founded by Reed Hastings and Mark Randolf in 1997
Reed Hastings
- Graduated from Bowdoin College
- Had a late fee on a rented movie and realized people could pay that price for unlimited due dates and no late fees
Corporate Sturcture
Other Companies
- Competitors- Amazon Fire and Hulu
Netflix Products
- $7.99 a month for unlimited streaming and one dvd at a time
- $11.99 a month for unlimited streaming and two dvds at a time
How much is Netflix?
- $15.99 a month for unlimited streaming and three dvds at a time
- Netflix is worth $28 billion as of late 2014
Netflix Corporation
- Has a revenue of about $4.37 billion
- Started in Scotts Valley, California
- Headquarters is in Los Gatos, California
- There are 60.5 million shares
- There are 58 Netflix warehouses worldwide
- Netflix has 2,327 employees
- Hires about 100 people yearly
Gamestop employs 17,000 people
Gamestop has 6,100 stores within 17 countries
Competitors: Best Buy, Wal-Mart, and Target
Gamestop Value?
- Annual revenue: $2.77 billion
Gamestop Products
- Gaming systems, games, movies, and gaming accessories
- Top product is their video games
Corporate Structure
Gamestop doesn't have any sub companies
Company Vision
To create a go-to video game store of very high value.
Gamestop
GME
- Founded by Leonard Riggio
- Started the company because of his love for video games
- Founded in Dallas, Texas in late 2000