About the Company
Netflix, Inc. is an American media company founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California and currently based in Los Gatos, California. It owns and operates an eponymous over-the-top subscription video on-demand service, which showcases acquired and original programming as well as third-party content licensed from other production companies and distributors. Netflix is also the first (and so far only) streaming media company to be a member of the Motion Picture Association. Netflix initially both sold and rented DVDs by mail, but the sales were eliminated within a year to focus on the DVD rental business. In 2007, Netflix introduced streaming media and video on demand. The company expanded to Canada in 2010, followed by Latin America and the Caribbean. In 2011, the service began to acquire and produce original content, beginning with the political drama House of Cards. The company is ranked 117th on the Fortune 500 and 219th on the Forbes Global 2000. It is the second largest entertainment/media company by market capitalization as of February 2022. In 2021, Netflix was ranked as the eighth-most trusted brand globally by Morning Consult. During the 2010s, Netflix was the top-performing stock in the S&P 500 stock market index, with a total return of 3,693%.Netflix is headquartered in Los Gatos, California, in Santa Clara County, with the two CEOs, Greg Peters and Ted Sarandos, split between Los Gatos and Los Angeles, respectively. It also operates international offices in Asia, Europe and Latin America including in Canada, France, Brazil, the Netherlands, India, Italy, Japan, Poland, South Korea and the United Kingdom. The company has production hubs in Los Angeles, Albuquerque, London, Madrid, Vancouver and Toronto.
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Nasdaq
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Latest $NFLX News
Netflix Inc. stock outperforms competitors despite losses on the day
Shares of Netflix Inc. shed 0.62% to $613.69 Wednesday, on what proved to be an all-around poor trading session for the stock ...
Netflix Targets Operating Margin Expansion With Growing AVOD Members And Monetization - Analyst Sees Content Innovation At Scale
BMO Capital Market analyst anticipates significant AVOD member growth and ad revenue for Netflix, supported by favorable ...
Netflix Inc. stock outperforms competitors on strong trading day
Shares of Netflix Inc. rose 1.71% to $617.52 Tuesday, on what proved to be an all-around mixed trading session for the stock ...
Netflix Q1 Earnings Preview: Paid-Sharing Success Helps Obscure Long-Term Challenges
Netflix stock is soaring and its password-sharing crackdown is still paying off, but some potential dangers still loom.
Netflix Q1 Earnings Preview: Subscriber Growth, Potential Price Increase, Ad-Tier Plan And More On What Wall Street Expects
Netflix stock is in the spotlight for the week with imminent first quarter financial results. Analysts are looking at ...
‘One Hundred Years Of Solitude’: Netflix Unveils Teaser For Series Adaptation Of Gabriel García Marquez’s Magical Realist Masterpiece
A sneak peek of Netflix ’s 100 Years Of Solitude has been released. The hugely anticipated series adaptation of the Gabriel ...
Netflix Q1 Preview: Eyes on subscribers’ growth, ad-tier performance
Netflix (NFLX) is preparing to report its first-quarter results, with investors focusing on the performance of its ad-supported tier and subscriber growth.
When Do New Episodes Of ‘The Circle’ Season 6 Come Out On Netflix?
Season 6 of Netflix's social media competition "The Circle" is now streaming. Discover when and what time new episodes will ...
Netflix Surges as Rivals Stumble
Netflix shares have surged in the past year as the video streaming service widens its lead over rivals such as Disney+ and ...
Our first look at Netflix’s upcoming adaptation of one of the greatest novels of all time
One Hundred Years of Solitude, the 1967 novel by Gabriel García Márquez, is widely regarded as one of the greatest novels of ...
Netflix Top 10 Report: What Jennifer Did, Woody Woodpecker, Anthracite, Baby Reindeer, & Heartbreak High S2
The true crime documentary What Jennifer Did had a fantastic launch, with 18M CVEs over its first five days. That continues a ...
10 Global Horror Movies Worth Streaming on Netflix
Netflix has enough English-language horror movies to keep you binge-watching for weeks, but don’t overlook the broad selection of international frights the streamer also has on offer. Here are 10 ...
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