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


Ryan Reynolds

A Ryan Reynolds Movie Is One Of The Most Watched On Netflix

One of Ryan Reynolds’ biggest films is currently one of the most-watched films on Netflix, an ensemble comedy that just received a sequel last year.

3 years ago

mark wahlberg

A Mark Wahlberg Comedy Is Suddenly Super Popular On Netflix

A sequel to the biggest comedy of Mark Wahlberg’s career is currently one of the most-watched films on Netflix streaming worldwide.

3 years ago

Kristen Stewart

An Iconic Kristen Stewart Movie Is Blowing Up On Netflix

One of Kristen Stewart’s biggest hits is taking off on Netflix.

3 years ago

Wednesday Addams Family

Tim Burton Is Making A Wednesday Addams Series

Batman and Edward Scissorhands’ director Tim Burton is directing a coming-of-age television series for Netflix centered around Wednesday Addams.

3 years ago

chris pratt

One Of Chris Pratt’s Best Movies Is Blowing Up On Netflix

Chris Pratt is seeing one of his biggest movies hit the charts on Netflix.

3 years ago

The Guild Felicia Day

Felicia Day’s Signature Series Is Leaving Netflix, Watch While You Can

An online series created and starring Felicia Day that made her an internet sensation, will be leaving Netflix on March 1st.

3 years ago

Christina Hendricks Good Girls

A Christina Hendricks Series Was Just Added To Netflix

The newest season of a Christina Hendricks series just debuted on Netflix, a crime dramedy that is currently trending on the streaming service.

3 years ago

kevin james netflix

A New Kevin James Series Is Blowing Up On Netflix

A new Kevin James series is taking off on Netflix.

3 years ago

Charlie Sheen

A Charlie Sheen Movie Is Super Popular On Netflix

A Charlie Sheen comedy is currently one of the most-watched films on Netflix, one of the actor’s last major comedies as a leading man.

3 years ago

The Defenders Netflix Marvel

Two Marvel Netflix Heroes Are Teaming Up For A Disney+ Series

With the multiverse apparently open in the Marvel Cinematic Universe, a new rumor suggests two Marvel Netflix stars could get their own Disney+ series.

3 years ago

Ice Cube Are We There Yet?

An Ice Cube Comedy Is Topping The Netflix Charts

An Ice Cube comedy has been one of the most-watched films on Netflix for over a week now, a film that showed Ice Cube could be a family-friendly star.

3 years ago

carey mulligan

A Carey Mulligan Movie Is Super Popular On Netflix

A new film starring Carey Mulligan, Ralph Fiennes and Lily James has been consistently one of the most-watched films on Netflix since its debut.

3 years ago

robert downey jr feature

Robert Downey Jr. Moving To Netflix?

With Disney+ making a dent in the streaming services market, Netflix is rumored to be courting Robert Downey Jr. for several future projects.

3 years ago

adam sandler

An Adam Sandler Movie Is Now Super Popular On Netflix

Adam Sandler has his share of silly movies out there. While a later career turn has moved him in more …

3 years ago

tom hanks

Tom Hanks Has The Most Streamed Movie In The World On Netflix

Tom Hanks has played a number of iconic roles in great movies. And now he’s done it again with one of the most popular movies in the world

3 years ago

gerard butler

Gerard Butler Has One Of The Most Popular Movies On Streaming

Gerard Butler has a movie that’s crushing Netflix right now. It’s a bit of a deviation from the actor’s other work, but it totally works.

3 years ago

chris farley

A Hilarious Chris Farley Movie Is Blowing Up On Netflix

One of Chris Farley’s underappeciated movies is ruling on Netflix.

3 years ago

Leonardo DiCaprio

A Leonardo DiCaprio Movie Is Suddenly Super Popular On Netflix

A Leonardo DiCaprio movie that’s often overlooked is blowing up on Netflix right now. It might be one of the scarier films he’s ever made.

3 years ago

space sweepers

A New Space Sci-Fi Movie Is The Most Popular Thing On Netflix

An original sci-fi movie is dominating Netflix around the world.

3 years ago

ice cube

An Iconic Ice Cube Movie Is Blowing Up On Netflix

Take a trip back to the early 2000s when Ice Cube was headlining major films. One of his more memorable ones is streaming on Netflix

3 years ago

zendaya

A New Zendaya Movie Just Hit Netflix

Zendaya has a new movie on Netflix and fans are already calling it a masterpiece.

3 years ago

katherine heigl

Katherine Heigl Has The Most Popular Show On Netflix

Katherine Heigl is crushing Netflix right now. The actress, who’s gone through some ups and downs, has the number one show on the platform

3 years ago

jonah hill

An Overlooked Jonah Hill Movie Is Hitting Netflix

One of Jonah Hill’s less-appreciated movies is landing on Netflix.

3 years ago

Dwayne Johnson San Andreas

A Dwayne Johnson Blockbuster Is Blowing Up On Netflix

One of Dwayne Johnson’s biggest blockbusters is currently high on Netflix’s global rankings, a film that showed that Johnson was a big draw on his own.

3 years ago

sam jackson

An Overlooked Sam Jackson Movie Is Trending On Netflix

One of Sam Jackson’s movies is blowing up on Netflix.

3 years ago

legend of zelda trailer movie feature

Legend of Zelda Netflix Series Cancelled And It’s The Internet’s Fault

The Legend of Zelda was so close to being a Netflix series.

3 years ago

armie hammer

An Armie Hammer Movie Is Blowing Up On Netflix

An Armie Hammer movie is suddenly taking off on Netflix.

3 years ago

ralph fiennes

A New Ralph Fiennes World War II Movie Was Just Released On Netflix

Ralph Fiennes is now in a World War II film streaming on Netflix. The movie could earn some awards buzz when it’s all said and done.

3 years ago

brie larson

A Brie Larson Blockbuster Is Blowing Up On Netflix

Before she was Captain Marvel, Brie Larson was in another big-budget action film. It’s currently crushing on Netflix worldwide.

3 years ago

Bruce willis red

A Great Bruce Willis Movie Is Dominating On Netflix

Bruce Willis is one of our all-time action stars and now one of his more forgotten films, with an all-star cast is just crushing it on Netflix

3 years ago