Professional Documents
Culture Documents
Intermediate level
Task 1. Warm-up.
Read the text. The words For millions, Netflix is the de-facto place to go for movie
and TV streaming. Not bad for a company that started by
below all appear in the text.
posting DVDs by snail mail. Here we explore the origins of
Discuss what the connection the company and track some of the important milestones
might be between the words in history.
and Netflix. Netflix, in full Netflix, Inc., is a media-streaming and
video-rental company that was founded in 1997 by
● Revenue
American entrepreneurs Reed Hastings and Marc
● Boon
Randolph. The name Netflix is a combination of "Net" (as
● Whooping in the abbreviation for "internet") and "Flix" (a variation
● Unveil of "flick", the common abbreviation for a movie or film).
● Acclaimed Now the company’s sole revenue source is monthly
Read the text and check if you membership fees, where the price varies based on the
chosen subscription. How did it all begin?
guessed correctly.
Created by Maria Tsedrik for Skyteach, 2021©
Check your guess
When it first opened, Netflix was purely a movie In 2000 Netflix introduced a personalized movie
rental service. Users ordered movies on the Netflix recommendation system, which uses members’
website, and received DVDs in the post. When they ratings to predict choices for all Netflix members.
were finished with them, they would simply post In 2003 Netflix announced that it reached 1 million
them back to Netflix in the envelopes provided. At subscribers in the United States.
the time, this was seen as a boon to those who did In 2006 Netflix sees huge growth in member
not have a video rental store nearby (remember numbers, reaching 6,3 million subscribers by years'
those?). end. The company also launches its "Netflix Prize",
After significant growth, in 1999 Netflix switched to promising a whopping $1 million to the first
a subscriber-based model offering unlimited DVD developer of a video-recommendation algorithm
rentals for one low monthly price. With this model, that could beat its existing algorithm.
users could keep the DVDs for as long as they liked, In 2007 Netflix introduced Online streaming
but could only rent a new movie after returning services, which allows members to instantly watch
their existing one. television shows and movies on their personal
computers. This was a huge shift in the company's
business model. Created by Maria Tsedrik for Skyteach, 2021©
Check your guess
Since 2012, Netflix has taken more of an active role feature, which allows users to create different
as producer and distributor for both film and profiles for different users and/or different moods.
television series, and to that end, offers a variety of By year's end, the company has more than 40
"Netflix Original" content through its online library. million subscribers.
In 2013 Netflix received 31 primetime Emmy By January 2016, Netflix services operated in more
nominations including outstanding drama series, than 190 countries. Netflix released an estimated
comedy series and documentary or nonfiction 126 original series and films in 2016, more than any
special for “House of Cards”, “Orange Is the New other network or cable channel.Netflix premiered
Black”, and “The Square” respectively. Netflix was “Stranger Things”, which became an acclaimed and
the first internet TV network nominated for the award-winning worldwide phenomenon.
Primetime Emmy. One of the reasons why the platform is so successful
Netflix also releases some other popular original among all generations now is that you can watch
programming like "Hemlock Grove" and "Arrested anywhere, anytime and even without an internet
Development," while also unveiling the ‘Profiles’ connection. You can download whatever you want
in your profile. Users even have the ability to
request movies or series directly
Created to Netflix.
by Maria Tsedrik for Skyteach, 2021©
Check your guess
Many customers feel the struggle of choosing a movie or
series, that’s where the streaming giant comes to the
rescue with their recommendation system. Whenever a
member enters the streaming service, the system suggests
content you might be interested in. This recommendation
system is driven by multiple factors like previous movie
history, analyzing information about the watched shows,
time of the day the user watches, the used devices, and
duration of watching. With millions of people watching,
this system is only getting better and better each day.