You are on page 1of 1

Netflix, Inc.

is an American over-the-top media services provider, headquartered in Los Gatos,

California. Founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California,
the company's primary business is its subscription-based streaming service, which offers online
streaming of a library of films and television programs including those produced in-house.[9]

Netflix's initial business model included DVD sales and rental by mail, although Hastings
jettisoned DVD sales about a year after Netflix's founding to focus on the DVD rental
business.[9][10] In 2007, Netflix expanded its business with the introduction of streaming media,
while retaining the DVD and Blu-ray rental service. The company expanded internationally, with
streaming made available to Canada in 2010[11] and continued growing its streaming service from
there; by January 2016, Netflix services operated in over 190 countries – it is available worldwide
except Mainlan