Netflix, Inc. operates as an Internet television network. The company’s network has approximately 75 million streaming members in approximately 190 countries enjoying approximately 125 million hours of TV shows and movies per day, including original series, documentaries and feature films. The company has expanded its streaming content offering to include original programming, including various Emmy, Golden Globe and Academy Award nominated original series and documentaries. The company’s original programming includes content that the company produces. Segments The company has three segments: Domestic Streaming, International Streaming, and Domestic DVD. Domestic Streaming This segment derives revenues from monthly membership fees for services consisting solely of streaming content to the company’s members in the United States. International Streaming This segment derives revenues from monthly membership fees for services consisting solely of streaming content to the company’s members outside the United States. Domestic DVD This segment derives revenues from monthly membership fees for services consisting solely of DVD-by-mail. Strategy The company’s core strategy is to improve its streaming membership business worldwide. Seasonality Historically, the first and fourth quarters (October through March) represent the company’s greatest membership growth across its Domestic and International Streaming segments and the fewest membership losses in the company’s Domestic DVD segment. History Netflix, Inc. was founded in 1997. The company was incorporated in Delaware in 1997 and began its operations in 1998.
(NFLX:Consolidated Issue Listed on NASDAQ Global Select )
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