SWOT analysis Netflix, Reed Hastings, Marc Randolph, television shows, movies, series, documentaries, internet connection, business model of Netflix, Netflix produces, technology sector, Netflix's services
Netflix, founded by Reed Hastings and Marc Randolph in 1997, is an online streaming service that allows its members who pay subscription fees to watch television shows, movies, series and documentaries from their devices using internet connection. Netflix originated in the United States as an online DVD rental and sales website in 1998 where DVDs were sent to customers via postage. In 1999 subscriptions were introduced to offer members unlimited DVD rentals. Netflix made its initial public offering under NASDAQ at a selling price of $1 per share in 2002.
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