What is Netflix?
Netflix is a subscription streaming service for movies, TV series, documentaries and games. Founded in 1997 as a DVD-by-mail rental company, it is now one of the largest entertainment companies in the world.
Netflix was founded by Reed Hastings and Marc Randolph in Scotts Valley, California. Customers originally rented DVDs online and received them by mail. In 2007, Netflix launched streaming, letting members watch instantly over the internet. It ended its DVD service in September 2023, after more than five billion discs had been shipped.
In 2013, Netflix began releasing its own original series, starting with shows like House of Cards and Orange Is the New Black. It became known for releasing whole seasons at once, encouraging binge-watching. It now produces films and series in dozens of countries and languages.
Global reach
Netflix is available in more than 190 countries and had more than 300 million paid memberships by early 2025. International hits like Squid Game from South Korea, Money Heist from Spain and Lupin from France helped it grow worldwide. It also offers live events and mobile games.
Did You Know?
According to company lore, Hastings was inspired to start Netflix after paying a large late fee for a rented video, though Randolph has said the story was simplified.