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 Losing Dark R-Rated Crime Drama Secret Gem, Stream Before It’s Gone

It seems like dark crime thrillers are all the rage, with audiences far and wide eager to tune in to …

1 week ago

Netflix Dark Fantasy Series Is Perfect For Supernatural Fans

The Magicians is one of the best supernatural series to hit television and streaming ever. It’s dark and disturbing, with …

1 week ago

Netflix Dark R-Rated Mystery Thriller Chills With Shocking Reveals

What do you get when you mix an ensemble cast filled with some of the biggest names in the biz, …

1 week ago

Netflix Fantasy Comedy Series Is The Best Sitcom Of The Decade

In the last ten years, many great sitcoms have been made but the absolute best is also one of the …

1 week ago

Star Wars Movie Gets Netflix Sci-Fi Writer

Shawn Levy has nabbed a writer for his Star Wars movie. According to noted leaker Jeff Sneider, Levy’s long-time collaborator …

1 week ago

Netflix New Fantasy Anime Gives Imagination An Incredible Adventure

Studio Ghibli is known as the studio that fills viewers with a sense of magic and nostalgia with the magical …

1 week ago

Ellen DeGeneres Netflix Special Is Her Final Time In The Spotlight

Ellen DeGeneres told audiences earlier in July that she’s finished with show business after her Netflix special debuts. The 66-year-old …

1 week ago

the little rascals

Netflix ’90s Family Comedy Remake Climbs Into Top Ten

The 1994 version of The Little Rascals has reappeared to dominate Netflix, making it into the streaming platforms’ top 10 …

1 week ago

Netflix Crime Thriller Adventure Is An Overlooked ’90s Gem Finally Getting Fans

If you have fond memories of beloved 90s blockbusters, you probably recall the box office hits such as Total Recall, …

2 weeks ago

Lucifer Fans Rejoice After Star Joins New Netflix Series

Tom Ellis, known for his performance as Lucifer Morningstar in Fox’s fantasy series Lucifer, has recently joined the cast of …

2 weeks ago

Netflix Fantasy Anime Twists Isekai Formula By Punishing Hero

In most Isekai anime, the hero is the golden child who can do no wrong. The Rising of the Shield …

2 weeks ago


The Umbrella Academy Final Season Trailer Begins The Ending For Netflix Series

The Umbrella Academy dropped a new trailer for its fourth and final season, and it’s fittingly scored by My Chemical …

2 weeks ago

Medieval Action Drama On Netflix Is A Star-Studded ’90s Standout

The year 1995 gave film goers several period pieces from the medieval era, each one centering around different protagonists taken …

2 weeks ago

unsolved mysteries

Netflix Reveals Volume 4 Of Beloved True Crime Series

Netflix has been a global leader in the horror and true crime genres in recent years, offering a wide array …

2 weeks ago

The Equalizer 3 On Netflix Gives Denzel Washington A Fitting Farewell

Denzel Washington is one of the two bonafide movie stars, along with Tom Cruise, whose presence in a film automatically …

2 weeks ago

Netflix Sci-Fi Fantasy Adventure Tugs At Everyone’s Heartstrings

Over the Moon is one of the best-animated films on Netflix now, and yet it has flown under the radar …

2 weeks ago

Netflix Supernatural Horror Series Trying to Be Saved by Actors

Netflix has become known for picking up great releases that nobody else wants to spend their time on, making them …

2 weeks ago

hunter killer

Netflix R-Rated Suspense Thriller Is A Gerard Butler Action Gem

Although he’s crossed over multiple genres – from comedies to romantic flicks and even musicals – if there was one …

2 weeks ago

Netflix Documentary Delivers Chilling Investigation Into Powerful Institution

Tom Cruise, John Travolta, Laura Prepon, Elisabeth Moss – what do all these celebrities have in common? They’re all members …

2 weeks ago

Netflix R-Rated Action Horror From Legendary Director Based On Forgotten Novel

If you’re a horror fan, you’ve probably noticed that everything old is new again, especially with shows like Stranger Things …

2 weeks ago

serial mom

Netflix Dark R-Rated Comedy Makes You Root For A Serial Killer

 It’s not often that a slasher film has fans rooting for the killer. But the 1994 John Waters entry Serial …

2 weeks ago

the wiz

Netflix Controversial Fantasy Remake Flop Became A Cult Classic

Sometimes a classic film hits at the wrong time, and fails to strike a chord with audiences upon impact. Such …

2 weeks ago

back to the future part III

Netflix Sci-Fi Comedy Ends Beloved Trilogy On A High Note

It’s unfortunately common for science fiction trilogies to end on a bad note, something we can see with everything from …

2 weeks ago

Canceled Netflix Sci-Fi Horror Series Fans Still Want To Return

In the last several years, Netflix has developed a reputation for cancelling fan-favorite shows well before their time, with outings …

2 weeks ago

Star Trek Is Boldly Conquering Streaming

The beloved TV series Star Trek debuted on NBC on September 8, 1966, and almost didn’t make it beyond its …

2 weeks ago

knocked up

Netflix Losing R-Rated Raunchy Comedy Smash Hit Beloved By Audiences And Critics

These days, Judd Apatow is a certified comedy legend, with more filmmaking and production credits in classic comedies than most …

2 weeks ago