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Netflix

Netflix, Inc.

Shows and films you watch online

EntertainmentDiscovered 2.4%

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Company ID

  • CountryUnited States
  • HeadquartersLos Gatos, California
  • Founded1997
  • CEOTed Sarandos and Greg Peters
  • FoundersReed Hastings, Marc Randolph

What They Do

Netflix shows films and series on your screen. You watch them online. Netflix makes many of them itself.

Why It Matters

Netflix used to post DVDs in red envelopes. Then it moved to online watching before most homes were ready. It changed before it had to, and it did it more than once. Change before you have to.

Fun Fact

In 2000, Netflix asked a video shop chain to buy it. The chain said no. That chain closed down later.

How They Make Money

People pay Netflix a fee every month. That is called a subscription. Netflix uses the money to make shows.

  • 300 million+homes that pay each month

Products You Know

  • Netflix streaming
  • Netflix Games

Kid -Friendly News

More than 300 million homes now pay for Netflix

Why: More homes paying each month means more steady money for Netflix.

Lesson: A subscription brings in money each month, not just once.