Netflix Stars
  • Launched On: August 29, 1997
  • Platform: Streaming
  • Founders:  Marc Randolph and Reed Hastings 

  • Netflix currently ranks as the top streaming service in the world, with more than 260 million subscribers.
How Netflix Started

While it was passed around for some time that Netflix was started in a college dorm room, that wasn’t the case.

The services founders had some experience in the tech space, at least before giving it the proverbial college try. In 1997, Reed Hastings and Marc Randolph teamed up to found Netflix, which began as a DVD-rental service that sent DVDs through the mail to subscribers.

They had considerable funding to start after Hastings’ previous company, Pure Atria, was acquired for $700 million. The idea was born while Hastings and Randolph were sharing rides to and from work around this time.

Netflix is big news in streaming now, but that’s not how they started. Back then Netflix was breaking news by being at the forefront of the DVD market, which was just emerging at the time. Though it would be a few years before those were able to overtake VHS tapes as part of the rental market, Netflix was well-positioned for the shift.

In its early years, Netflix also began to undo some of the common trends in the industry. Namely, they ditched the cost-per-rental model and instead went strictly to a subscription service, again being at the forefront of how the movie market would emerge in the coming years.

Who Owns Netflix Now?

If you’re wondering who owns Netflix now, that’s not a question that can be answered by one specific person.

To begin with, Reed Hastings had a 70% share in the initial company because his investment, at the time, was the largest. He was the decision maker in not selling to Amazon early on, which turned out to be more than a little positive in the long run.

However, in 2002 Netflix became a publicly traded company. To begin with, the stock went for $15 dollars per share.

So to determine who owns Netflix now, you’d have to ask who owns the most Netflix stock right now. For starters, Reed Hastings currently owns about 1% of all Netflix stock.

Hastings’ overall net worth is estimated to be around $2.6 billion dollars. A number that has to make him more than a little happy he didn’t take the $14 million offer from Amazon all those years ago.

According to the latest filings on this sort of thing, the largest owner of Netflix’s stock is The Vanguard Group which owns 32.5 million shares of Netflix.

That position is valued at right around $5.7 billion dollars. Behind them is BlackRock Fund Advisors with about 18.8 million shares and Capital Research & Management is right behind them with about the same amount. Those two own about $3.3 billion dollars each.

An initial $1,000 investment in Netflix back in 2002 would now be worth in the range of $14,000 today.

How Popular Is Netflix?

The average streamer has 4.7 current subscriptions, with Netflix subscriptions reportedly in 62% of households (according to Statista) who are using streaming services. Following them was Amazon Prime Video, which has a built-in advantage for this number seeing as how this service is tied to their Amazon Prime subscription.

Who owns the streaming market isn’t a clear answer with Netflix anymore. Their grip is shrinking even though they are still a total giant.

Over the years, Netflix has put out some of the best series television and streaming has to offer. Some of the series like Stranger Things and Squid Game have become massive performers for the platform.

And the hits are still coming for the streamer with Netflix continuing to push the content envelope.

Jump directly to different Netflix series to see the casts for each and news for every actor.

Stranger Things Cast News
The Witcher Cast News
Wednesday Cast News
Outer Banks Cast News
Bridgerton Cast News

Netflix might be known more for its series franchises, but its had plenty of huge movies on the streamer as well.

And the hits are still coming for the streamer with Netflix continuing to push the content envelope.

Netflix News For Each Movie Franchise

Jump directly to different Netflix movies to see the casts for each and news for every actor.

Enola Holmes Cast News
Red Notice Cast News
The Gray Man Cast News
Extraction Cast News

Latest Netflix News

Netflix Con-Artist Mystery Series Is Your Next Binge

If you finished binging Suits like everyone else with a Netflix account and you’re hungry for more of the shows …

3 hours ago

Most Popular Netflix Superhero Movie Reimagines Classic Sci-Fi Anime For The Whole Family

Ultraman: Rising has made its way into Netflix’s top ten at #4, making an iconic Japanese character a surprising hit …

4 hours ago

Netflix Psychological Thriller Unravels A Mystery With Major Stars

At face value, Fair Play feels like a classic crime thriller from the 90s. Think of Sleeping with the Enemy …

14 hours ago

Lucifer Is The Best Devil In All Of Movies And TV, Stream On Netflix

Maybe it’s because I love lore, mythology, and legend. Maybe it’s because I love great acting. Or maybe it’s because …

16 hours ago

Netflix Sci-Fi Supernatural Series Links Together Mind-Bending Stories

If you love anthology shows like Black Mirror, then you might want to check out the newest Netflix anthology series, …

16 hours ago

Resident Alien Season 4 Is Happening But With A Major Change

This year, many fans have been playing the waiting game when it comes to finding out if a network will …

17 hours ago

The Netflix True Crime Drama Rotten Tomatoes Gets 100% Wrong

Pain Hustlers has failed in the eyes of the critics, with Rotten Tomatoes giving it just 23 percent positive reviews. …

18 hours ago

waxwork ii

The Hilarious Horror Comedy With A Star Trek TNG Star, Stream Without Netflix

While Marina Sirtis is best known for her portrayal of Counselor Deanna Troi on Star Trek: The Next Generation, the …

22 hours ago

trigger warning

Netflix Crime Action Thriller Gives Jessica Alba A Commando Role

Perhaps the most challenging film of her career, Trigger Warning offers Jessica Alba the opportunity she has long sought, to …

23 hours ago

gates of hell trilogy

The Greatest Horror Trilogy You’ve Never Seen, Stream Without Netflix

Famed Italian horror director Lucio Fulci shocked audiences with his 1979 unofficial sequel to George Romero’s Dawn of the Dead, …

24 hours ago

Catch Tarantino’s Bloodiest Masterpiece Before It Leaves Netflix For Good

Fans of Quentin Tarantino have lauded the prolific filmmaker for his graphic depictions of violence, classic revenge storytelling, and interesting …

1 day ago

Netflix Dark Dystopian Thriller With Major Marvel Star Reveals The Worst Of Humanity

The sea of dystopian films is vast indeed, but Netflix’s High-Rise emerges as a noteworthy and chilling exploration of society’s …

2 days ago

Netflix Sci-Fi Comedy Series Gives Fan-Favorite Actor His Best Role

Resident Alien is a comedy series with science fiction to back up the story. Though the story is rather basic, …

2 days ago

Three-Body Problem Movie Announces Iconic Director

From a book to a series and now to a movie, The Three-Body Problem’s feature-length makeover has officially found its …

2 days ago

nightmares and dreamscapes

The Star-Studded Stephen King Horror Series You Can’t Watch Today Needs To Be Saved

Fans of Stephen King have no shortage of excellent on-screen adaptations to sift through, with some projects such as It, …

2 days ago

Controversial Netflix Sitcom Finale Doesn’t Deserve The Hate

I’m about to make a statement so controversial it will make all of my contrarian Star Wars opinions look tame: …

3 days ago

Netflix Sci-Fi Murder Mystery Series Takes Anime To Another Level

In the last few years, Netflix has pivoted hard into foreign markets to produce original content which rounds out their …

3 days ago

The Imaginary Movie

New Netflix Anime Already Looks Better Than Ryan Reynolds Blockbuster

This year has already seen the arrival of two feature-length films based around imagination in the supernatural horror-flick, Imaginary, directed …

3 days ago

The Nightmare On Elm Street Sequel That Doesn’t Deserve The Hate, Stream On Netflix

Freddy Krueger slashed his way through the nightmares of film audiences for the first time in 1984 and gave the …

3 days ago

Sony Buys Huge Theater Chain With Focus On Anime

Movie theaters have been on the verge of dying for several years now, with crippling blows like the COVID-19 pandemic …

3 days ago

circle 2

Netflix Sci-Fi Thriller Fan Favorite Gets Sequel A Decade Later

The horror genre can be very difficult to really break into due to how hard it is to create a …

3 days ago

Stranger Things Star Allegedly Kicked Out Of Club For Being Wasted

As Netflix’s hit Stranger Things finally prepares to wrap up with its fifth and final season next year, fans continue …

3 days ago

Netflix Sci-Fi Horror Series Gives Vampires A New Spin

After playing Damon Salvatore on The Vampire Diaries, actor Ian Somerhalder returned to the small screen for another vampire series …

4 days ago

Netflix Dark Mystery Thriller Series With A DC Star Leaves You Guessing

There’s nothing like a good binge-watch that keeps you on the edge of your seat, especially if the TV show …

4 days ago


The Garfield Movie Doesn’t Deserve So Much Hate From Critics

As a 36-year-old father of two, I sometimes have to make compromises that challenge my integrity and taste. The most …

4 days ago

Netflix Sci-Fi Comedy Adventure Throws Teenagers Into An Alien Invasion

If you’re nostalgic for 1980s coming-of-age films mixed with alien sci-fi, then you might want to give the 2019 film …

5 days ago

The Iconic 2000s Fantasy Anime Phenomenon That Needs A Reboot

Over the years, the Yu-Gi-Oh franchise has stayed alive and well with over 10 different series and movies based around …

5 days ago

Stranger Things Season 5 Needs To Address The Elephant In The Room

Stranger Things is such a great series that it made me reassess how I watch television because I learned how …

5 days ago

everything everywhere all at once Netflix

Netflix Fantasy Adventure Epic Sets The Standard For All-Audiences Entertainment 

Finally, an epic animated film that doesn’t involve a perfect, darling princess in search of adventure or a knight in …

6 days ago