Netflix, a publicly owned American company founded in 1997, is a subscription-based video-on-demand streaming service. Its primary offering consists of a library of licensed and original films and television series across various genres, available in multiple languages worldwide. As of 2024, Netflix employed approximately 15,650 people and generated over $1 billion in revenue. The company's headquarters are located in the United States.
Netflix recently shifted its gaming strategy, focusing on smaller-scale games following leadership changes and an internal studio closure. The film "Den of Thieves 2: Pantera" is currently available on Netflix in the United States and will stream globally on Prime Video beginning April 25, 2025. Market analysis indicates significant fragmentation, suggesting consumers may need multiple streaming subscriptions to access desired content. A separate article discussed Netflix's position relative to other stocks mentioned by Jim Cramer.
Netflix offers 2 products in the media and telecoms services and ad tech industries. Netflix's product portfolio comprises of premium video and CTV and streaming services.
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Netflix's revenues were $39.0B in 2024. All the revenue comes from streaming.
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Netflix currently holds 6 broadcasting rights for sports competitions including professional wrestling, soccer | association football and american football.
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