NETFLIX

• Founded in 1997 by Reed Hastings and Marc Randolph in Scott’s Valley, California
• Over 148 million subscriber base worldwide
• Released an estimated 126 original series and films in 2016, more than any other
network or cable channel
•  subscription-based business model making money with three simple plans:
• Basic – content can be streamed in Standard Definition.
• Standard – content can be streamed in High Definition.
• Premium – content can be streamed in Ultra High Definition.
The costs of these plans differ in different countries.