Netflix And It's Popularity
Netflix, Inc. is an American media company based in Los Gatos, California . Founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California , it operates the over-the-top subscription video on-demand service Netflix brand, which includes original films and television series commissioned or acquired by the company, and third-party content licensed from other distributors. Netflix is a member of the Motion Picture Association —having become the first streaming company to become a member. Netflix initially both sold and rented DVDs by mail , but the sales were eliminated within a year to focus on the DVD rental business. [12] [13] In 2007, Netflix introduced streaming media and video on demand . The company expanded to Canada in 2010, followed by Latin America and the Caribbean. In 2011, the service began to acquire and produce original content, ...