In 1997, Reed Hastings, along with Marc Randolph founded "Netflix." An American media-service provider, it is the leading subscription service across the world for watching TV episodes and movies on your favorite device. The Netflix mobile application gives you the best experience anywhere, anytime.
Netflix has played an important role in independent film distribution. Netflix expanded its business in 2007 but before that, its initial business included the DVD sales and rental by mail. Netflix expanded its business by introducing streaming media and retaining the DVD and Blu-ray rental business. Since 2012 it has been offering a variety of "Netflix Original" content through its online library, as it has acquired the role of an active producer and distributor of both movies as well as TV series.
By 2016, Netflix services are operating in more than 190 countries.
Netflix - you have heard about it and have probably enjoyed watching movies and shows on the streaming platform as well. It needs no introduction whatsoever. With time, the streaming giant is cementing itself, and recently its original programs went on to win 23 Emmys.
But, have you ever wondered how Netflix works and generates revenue (as the website has no ads)? I know you have, but if you don't know, then don't worry because we are here to satiate your curiosity.
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