Netflix, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Theodore A. Sarandos
- Full Time Employees
- 16,000
- Sector
- Communication Services
- Industry
- Entertainment
- Address
- 121 Albright Way Los Gatos CA United States of America 95032
- IPO Date
- May 23, 2002
- CIK
- 0001065280
- Website
- netflix.com
- Similar Companies
- Business
- Netflix, Inc. Netflix, Inc. (NFLX) operates one of the world's leading subscription-based streaming entertainment services, offering TV series, documentaries, feature films, anime, and games across various genres and languages to over 300 million paid memberships in more than 190 countries; members access content on demand via internet-connected devices including TVs, computers, mobile devices, game consoles, and set-top boxes, with flexible plans allowing play, pause, resume, and plan changes anytime. The company produces and licenses original and third-party content, including high-profile series such as Stranger Things and Squid Game, films, and live events like NFL games and WWE Raw, while generating revenue primarily from streaming subscriptions segmented across United States and Canada (UCAN), Europe, Middle East and Africa (EMEA), Latin America (LATAM), and Asia-Pacific (APAC) regions. Founded in 1997 by Reed Hastings and Marc Randolph and headquartered in Los Gatos, California, Netflix, Inc. initially pioneered DVD-by-mail rentals before pivoting to streaming in 2007, establishing global dominance through original programming investments and device partnerships. In recent developments, the company has ramped up content acquisition activity in 2023-2025, including second-window licensing deals for series like Fire Country and Yellowjackets from Paramount, high-profile UK titles such as Big Boys and Maxine, and volume movie agreements with Universal in Australia (shared with Foxtel) and Sony across the US, Netherlands, India, and South Africa; it announced a global brand partnership with AB InBev integrating iconic beer brands into its programming, expanded advertising capabilities through upfront deals for titles like Bridgerton Season 3 with sponsors including Pure Leaf and Stella Artois, and launched programmatic campaigns with advertisers like Expedia and Mercedes-Benz in markets including the US, Canada, Brazil, and Mexico. Netflix, Inc. continues strategic expansions with plans to open Netflix House experiential venues in the US starting 2025 for immersive retail, dining, and live experiences tied to popular shows, alongside a $18 billion 2025 content budget focused on global-local productions and high-impact live events to drive subscriber growth amid intensifying competition.
Company News
Netflix to lay off 1,000 staff amid intensifying competition for user attention
Netflix announces layoffs: another sign of distress?
Netflix to Cut About 1,000 Jobs, Its Biggest Layoffs Since 2022, Ahead of Earnings
Netflix fires 1,000 workers as it struggles to keep audiences watching: report
Netflix is laying off roughly 6% of its workforce
Netflix Layoffs Underway, Streamer Eliminating About 1,000 Jobs, 6% Of Its Workforce
Netflix just started its biggest round of layoffs in years
Netflix cuts about 6% of jobs, WSJ reports
Netflix Eliminates About 6% of Staff in Biggest Cuts Since 2022
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