{"id":98307,"date":"2021-01-22T14:05:04","date_gmt":"2021-01-22T14:05:04","guid":{"rendered":"https:\/\/www.musicbusinessworldwide.com\/?post_type=companies&p=98307"},"modified":"2021-01-22T14:05:04","modified_gmt":"2021-01-22T14:05:04","slug":"netflix","status":"publish","type":"companies","link":"https:\/\/www.musicbusinessworldwide.com\/companies\/netflix\/","title":{"rendered":"Netflix"},"content":{"rendered":"

Netflix is a US-headquartered digital film and TV platform available via subscription.<\/p>\n

In addition to licensing television shows and movies, Netflix also creates its own programming \u2013 Netflix Originals \u2013 with examples including House Of Cards, The Crown, and 13 Reasons Why.<\/p>\n

Netflix was co-founded by Reed Hastings and Mark Randolph in August 1997 as a DVD mail order rental company.<\/p>\n

In September 1999, Netflix launched a monthly subscription model for DVD rental. And in early 2007, it began to offer online digital streaming visual content<\/a> to audiences.<\/p>\n

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Finances and reach<\/h6>\n

In January 2021, via a letter to shareholders<\/a>, Netflix confirmed that at the close of December 2020, it counted 203.66 million paying subscribers worldwide.<\/p>\n

That was up on 167.09 million in the prior year period.<\/p>\n

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<\/a><\/i><\/a><\/figure>\n
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Netflix’s annual revenue in the 12 months to end of 2020 hit $25 billion (+24% year over year).<\/p>\n

Its annual operating profit grew 76% year-on-year to $4.6 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"

Netflix was founded as a mail-order DVD rental business in 1997<\/p>\n","protected":false},"featured_media":38831,"parent":0,"menu_order":0,"template":"","class_list":["post-98307","companies","type-companies","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies\/98307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies"}],"about":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/types\/companies"}],"version-history":[{"count":0,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies\/98307\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media\/38831"}],"wp:attachment":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media?parent=98307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}