Netflix is one of the most successful tech companies in the world, but it started out as a simple idea
Netflix was founded on August 29, 1997 by Reed Hastings and Marc Randolph with the initial intention of renting DVDs online. The company has grown into an entertainment powerhouse that offers both physical DVDs and streaming of TV shows, movies, documentaries, stand-up comedy specials, anime series and even children’s shows. Netflix currently operates in 190 countries around the world and is headquartered in Los Angeles, California, United States. In 2018, Netflix had 125 million subscribers worldwide, meaning more than half of American households have at least one member of Netflix’s subscriber base!
The success story of this massive brand is not without its challenges, however; Netflix has been in a constant war with the movie and TV industry over how to get their content; if you look at Netflix’s biggest successes, it’s mostly its own original series like House of Cards and Stranger Things. This is because traditional actors like Hollywood studios refuse to make their movies and TV shows available for on-demand streaming. Despite this resistance, Netflix continues to grow in popularity and is now a dominant player in the streaming industry. In 2017, it was even estimated that Netflix would be responsible for over 50% of all over-the-top traffic in North America!
Netflix’s success can be largely attributed to its focus on customer satisfaction. The company is always eager to listen to customer feedback and make changes to its services to improve the user experience. This focus on customer satisfaction has allowed Netflix to expand its subscriber base at an impressive pace, even in the face of increasing competition from other streaming services. In short, Netflix is a company that knows how to get things done and always puts the customer first. If you are looking for a brand that will give you great value for money, then Netflix is the company for you.
Currently, Netflix offers a huge selection of TV shows, movies and documents to subscribers all over the world. New content is added daily, so no matter what shows and movies you enjoy watching, chances are you’ll find something on Netflix to suit your tastes. Netflix also offers its own original shows, allowing subscribers to watch series only available on the platform. The company is constantly looking for ways to innovate, which means it’s hard to predict what services it will offer in the future.