Netflix

Some interesting yet less known facts and figures about Netflix, Inc. – the company that revolutionized watching of movies and TV shows.

Company Name: Netflix, Inc. (NASDAQ: NFLX)
Founded Year: August 29, 1997, Scotts Valley, California, United States
  1. About 20 years ago, Netflix was co-founded by two American entrepreneurs, Reed Hastings and Marc Randolph. (S)
  2. In 1998, Netflix had launched the first DVD rental and sales site, netflix.com. (S)
  3. Netflix initiated an initial public offering (IPO) on 29 May 2002, selling 5.5 million shares of common stock at a price of $15.00 per share raised $94 million. (S)
  4. After delivering its billionth DVD in February 2007, Netflix moved away from its core business model of mailing DVDs, by introducing video-on-demand (VOD) via the Internet. (S)
  5. In August 2010, Netflix has launched its first free mobile app on Apple iPad, iPhone and iPod Touch. (S)
  6. In September 2010, Netflix first began offering its online video streaming service to the international market, Canada. (S)
  7. In 2012, Netflix has stretched its wings to European markets, including United Kingdom, Ireland and in Nordic Countries. (S)
  8. Netflix won its first Primetime Emmy Engineering Award in 2012. (S)
  9. In March 2011, Netflix began acquiring original content for its library, beginning with the hour-long political drama House of Cards, which debuted in February 2013.
  10. In February 2013, Netflix has started streaming ‘House of Cards’, its first original content.
  11. Netflix was the first internet TV network nominated for the Primetime Emmy in 2013. (S)
  12. Netflix won 7 creative Emmy Awards for House of Cards and Orange is the New Black in 2014. (S)
  13. Netflix has reached a major milestone of 50 million subscribers in 2014.(S)
  14. The first Netflix original feature film “Beasts of No Nation” was released in 2015. (S)
  15. Netflix was made officially available across the globe in 2016. (S)
  16. On January 6, 2016, Netflix expanded its service to over 130 new countries, becoming a truly global Internet TV network. (S)
  17. Netflix has a record 125 million streaming subscribers globally as of May 2018.(S)
  18. Netflix has currently over 68 million international streaming subscribers, compared to over 56 million domestic. (S)
  19. It was the very first time in Q2 2017 when the international subscriber base of Netflix has surpassed the domestic. (S)
  20. Do you know, there are still 3.7 million people in the USA subscribed to Netflix’s DVD by mail? (S)
  21. In February 2016, Netflix has finished the massive migration of its data servers to Amazon Web Services.
  22. Do you know Netflix took 7 years to move its content to Amazon Web Services? (S)
  23. In 2017, Netflix spent $1.05 billion on research and development. (S)
  24. For a while on May 24, 2018, Netflix market value soared above $153 billion, overtaking Disney as the world’s most valuable media company. (S)
  25. With HERMES translation platform, Netflix is now able to offer its content in over 20 languages. (S)
  26. Netflix regularly tracks and publishes primetime streaming speeds from all major ISPs in most countries it serves. (S)
  27. “Netflix and Chill” – the phrase used by many Netflix subscribers, was first posted on Twitter on 22 January 2009. (S)
  28. In May 2018, Netflix has secured a deal with former US President Barack Obama and his wife Michelle Obama to produce films and series for the streamer. (S)