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Netflix: Streaming Service Overview

Netflix is a streaming service founded in 1997 by Reed Hastings and Marc Randolph that allows subscribers to stream TV shows, movies, documentaries and more for a monthly fee. It currently has over 182 million subscribers globally generating $20 billion annually in revenue, making it the largest paid streaming service. Jobs at Netflix include roles in creative, development, engineering and operations.

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60 views6 pages

Netflix: Streaming Service Overview

Netflix is a streaming service founded in 1997 by Reed Hastings and Marc Randolph that allows subscribers to stream TV shows, movies, documentaries and more for a monthly fee. It currently has over 182 million subscribers globally generating $20 billion annually in revenue, making it the largest paid streaming service. Jobs at Netflix include roles in creative, development, engineering and operations.

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We take content rights seriously. If you suspect this is your content, claim it here.
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NETFLIX

By Jack O’Hara
What is Netflix?
Netflix is a streaming service that costs as little as £5.99 a month and as much as £11.99 a
month, which grants their members to watch a wide variety of award-winning TV shows,
movies, documentaries, and more on thousands of internet-connected devices.

With Netflix, you can enjoy unlimited ad-free viewing of content in standard definition,
high definition or even ultra high definition! There's always something new to discover,
and more TV shows and movies are added every month!
Who created Netflix?
Netflix was founded on August 29, 1997 in Scott's Valley, California, by Marc Randolph
and Reed Hastings.

Both former Pure Software employees, Reed Hastings and Marc Randolf, came together
to form Netflix; originally creating it to be a physical movie rental service! The idea was
based off of the fact that they no longer wanted to pay the fees for late DVD returns,
meaning they created their own service, one that had a monthly subscription model
instead of flat payments.
Hastings said that when he founded Netflix, he had no idea whether customers would use
the service but we now know that it was definitely the right idea for them to make.
Netflix’s membership statistics
In March 2020, it was reported that Netflix currently has 182 million active subscribers,
making 20.15 billion in annual revenue.
85% of US streaming subscribers are subscribed to Netflix.
Was the most popular worldwide streaming service in November 2019, beating out
China’s iQiyi by over 50 million users and beating their closest native streaming service,
Amazon Prime Video, by almost double their subscribers.
Job roles within Netflix
• Working at Netflix could really cover any position that is needed to upkeep a service
like theirs, as well as making the content that the users love alongside background
staff. A list of some of those jobs would be:
• Creative director
• Web developer
• Filmmakers
• Video editors
• Server managers
• Writers
And so many more.
Bibliography
• https://www.netflix.com/signup?locale=en-AU&action=startAction
• https://media.netflix.com/en/about-netflix
• https://www.statista.com/topics/842/netflix/
• https://www.statista.com/statistics/250934/quarterly-number-of-netflix-streaming-subsc
ribers-worldwide/
• https://jobs.netflix.com/

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