Netflix


netflix
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 Thriller Series Most Watched In The World And Most People Don’t Know It

Netflix recently revealed its Netflix Engagement Report, which covers six months of streaming habits on the platform. The report states …

4 months ago

The Netflix Horror Thriller With 100% On Rotten Tomatoes

Anyone looking for a break from holiday-themed entertainment should check out His House. The horror thriller isn’t just a nice …

4 months ago

the black book

The Netflix Movie No One Saw Becoming A Massive Hit

No one ever expected Editi Effiong’s The Black Book to show up on Netflix’s Top 10 chart, because no other …

4 months ago

Netflix Reveals In-Depth Look At Avatar Series Characters

Fans may be a bit wary of the upcoming Netflix live-action adaptation of Avatar: The Last Airbender, but the show …

4 months ago

LeBron James Joining Zack Snyder’s Sci-Fi Epic Rebel Moon?

Now that Zack Snyder has officially begun a new chapter in his filmmaking career, the visionary director is peering into …

4 months ago

star trek lower decks jj abrams feature

Star Trek Series Running For Seven Seasons?

Star Trek: Prodigy went on quite the unexpected journey this year, from being canceled to being saved by Netflix. While …

4 months ago

cameron diaz

Cameron Diaz Slams Jamie Foxx Netflix Rumors

Cameron Diaz is striking back against the haters and stepping up to the plate to clear Jamie Foxx’s name. The …

4 months ago

oxygen netflix

The Netflix Sci-Fi Thriller That Leaves You Gasping For Air

There’s nothing like a good thriller to keep you on the edge of your seat, and the 2021 French-language science …

4 months ago

Adam Sandler Netflix Sci-Fi Drama Spaceman Looks Extraordinary

Adam Sandler may have built his career from being a funny man but over the last two decades, he’s shown …

4 months ago

The Netflix Sci-Fi Action Blockbuster That Is A Secret Cult Classic

These days boxing films are all the rage, with movies such as Southpaw, The Fighter, and the Creed trilogy drawing …

4 months ago

one piece

One Piece Is Much Easier To Watch Now Thanks To Fans

Have you watched all of One Piece yet? If the answer is “no,” we can’t blame you: with 1,100 episodes …

4 months ago

Stranger Things Creators Kill Popular Fan Theory Ending

The upcoming fifth and final season of Stranger Things is perhaps one of the most highly anticipated TV projects at …

4 months ago

Netflix Gaining The Best Sci-Fi Epic In Years Just In Time For The Sequel

Netflix subscribers are in for a treat as the first installment of Denis Villeneuve’s sci-fi epic, Dune, will arrive on …

4 months ago

jason statham netflix crank

Netflix Losing Jason Statham’s Greatest Action Thriller Ever

Just like the rest of us, Netflix also makes a seasonal cleaning of its library. As part of its seasonal …

4 months ago

the kitchen

Netflix’s The Kitchen Delivers Sci-Fi Thriller Tension In Awesome Reveal

All dystopian hell is breaking loose in the first trailer for Daniel Kaluuya’s feature-length directorial project, The Kitchen. Coming to …

4 months ago

One Piece Remake Has Fans Losing Their Minds

Netflix is betting big on One Piece, as the streamer announced that a remake of the massively popular anime is …

4 months ago

The Netflix Sci-Fi Thriller Is The #1 Movie On Streaming

Netflix’s apocalyptic, psychological thriller Leave the World Behind, based on the 2020 book of the same name by Rumaan Alam, …

4 months ago

jenna ortega wednesday

Wednesday Spinoff In The Works And Is Not What We Expected At All

With filming for the second season of Netflix’s Wednesday eyeing a start-up in the next few months, there’s even more …

4 months ago

The Netflix Sci-Fi Thriller Series Is One Of Their Most Watched Ever

What happens when you throw Stephen King’s The Langoliers, Lost, and the classic Twilight Zone episode “The Odyssey of Flight …

4 months ago

Friends Star Joins Netflix Dark Comedy Series From Dead To Me Creator

Netflix has a wide array of original content for its millions of subscribers to view, with many new shows slated …

4 months ago

The Netflix Sci-Fi Thriller Should Be Given A Second Look

Elysium is a sci-fi thriller on Netflix that should definitely be given a second look by subscribers. This 2013 dystopian …

4 months ago

The Netflix Crime Revenge Thriller That Changed Its Lead Into An Action Star

Some action movies are so iconic that they create their own subgenre—Under Seige is Die Hard on a boat, the …

4 months ago

The Netflix Sci-Fi Thriller Blockbuster That Deserves A Sequel

Luc Besson’s Lucy was a massive surprise hit at the box office in 2014, when it grossed more than $270 …

4 months ago

The Netflix Fantasy Adventure That Beat Disney At Its Own Game This Year

Though Disney had a shot at producing Nimona and Wish, only Wish made the cut, and now Collider is saying …

5 months ago

Jessica Jones Is Marvel’s Greatest Show, Why They’ll Never Top It

Right now, Marvel fans are gearing up for the return of Matt Murdock in Daredevil: Born Again. The original flagship …

5 months ago

Star Trek Series Confirms Season 2 Work Completed

Star Trek: Prodigy Season 2 is complete. The news was revealed on social media by Dan and Kevin Hageman, who confirmed …

5 months ago

Eddie Murphy beverly hills cop

Eddie Murphy Returns As Axel Foley In Beverly Hills Cop 4 Poster

Eddie Murphy is showing off his badge of honor in the first poster to arrive from Netflix’s upcoming film, Beverly …

5 months ago

safe house

The Denzel Washington Netflix Crime Thriller Users Watched For Almost 8 Million Hours Is Leaving Streaming

The 2012 action thriller Safe House, starring Denzel Washinton and Ryan Reynolds, will be leaving Netflix on December 31. Per the platform’s recently …

5 months ago

Netflix Losing Gerard Butler’s Best Sci-Fi Thriller, Stream Before It’s Gone

The 2009 Gerard Butler-led sci-fi action film Gamer will be leaving Netflix on January 1, 2024. The movie was written and directed …

5 months ago