NFLX
NASDAQ · Communication Services · Entertainment · US
Netflix, Inc. (NASDAQ:NFLX) is a global entertainment streaming giant founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California. Originally launched as a DVD-by-mail rental service to compete with traditional video rental stores like Blockbuster, Netflix revolutionized the entertainment industry by pioneering the subscription-based streaming model in 2007. The company went public in 2002 and has since grown from a domestic DVD service to the world's leading streaming entertainment platform, serving over 300 million paid households across 190 countries. Netflix is headquartered in Los Gatos, California, and has become synonymous with the shift from traditional broadcast television to on-demand digital entertainment consumption.