Netflix (NFLX)

Netflix, Inc. is a leading global entertainment company and the world’s premier subscription video on-demand streaming service, founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California, and headquartered in Los Gatos, California. Originally launched as a DVD-by-mail rental business, Netflix pioneered the shift to digital streaming in 2007 and has since evolved into a diversified media powerhouse, offering a vast library of TV series, films, documentaries, mobile games, and live programming across numerous genres and languages in over 190 countries. With more than 325 million paid memberships as of the end of 2025—reaching an audience approaching one billion people—the company generates revenue primarily through tiered subscription plans, including an ad-supported option that has rapidly expanded, alongside growing contributions from advertising. Netflix is renowned for its heavy investment in original content, data-driven personalization, and innovative features like seamless playback across devices, maintaining its position as the dominant player in the streaming industry.