Netflix is a publicly owned American subscription video on-demand over-the-top streaming service. It primarily distributes original and acquired films and television shows from various genres. The service is available internationally in multiple languages. Netflix was founded in 1997 and is headquartered in the United States. As of 2023, it has over 15,650 employees and generates over $1 billion in revenue.

2023 Revenue

Founded

1997

Headcount

15,645

Headquarters

US

Primary Segment

Streaming services

Ownership

Publicly Owned

News Summary:

On January 10th, 2025, Paramount Plus announced changes to its subscription models, following similar changes by Disney Plus and Netflix. A new calculator revealed that UK households can achieve significant savings by reevaluating entertainment spending, including subscriptions to services such as Netflix, Amazon Prime, Sky, Disney+, Apple TV, Paramount+, and Virgin Media. Netflix also faced competition from Amazon during a bidding process involving Sky. Information on Apache Kafka, a real-time event streaming platform used by Netflix and Uber, was also made available.

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Netflix offers products in the media and telecoms services industry. Netflix's product portfolio comprises of streaming services.
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Netflix's revenues were $33.7B in 2023. All the revenue comes from streaming.
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Examples of Netflix's suppliers include Microsoft, Intel and IBM.

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Netflix currently holds 6 broadcasting rights for sports competitions including american football, soccer | association football and professional wrestling.

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