Netflix Overview
Netflix is a publicly owned American company which offers services in film production, film distribution and television production in the world of entertainment. The company is headquartered in Los Gatos, California, United States working under the guidance of Reed Hastings as CEO and chairman.
In total they have 5,400 employees inquiring net income of US $559 million and generating the revenue of US $11.692 billion in financial year 2017. They are having over 130 memberships in 190 countries providing them the satisfaction to enjoy latest TV series, documentaries and feature films on a wide range of genres and languages.
How they started?
The journey began in 1997 when Reed Hastings and Marc Randolph started working on offering online movie rentals and went for their first launch of DVD rental and sales site, Netflix.com. They next introduced out subscription service for one month low price in 1999 to gain some profit. Soon after that they found rise in members to 4.2 million in 2005.
How they work?
Providing the opportunity of streaming services to its customers it has worked far beyond the limit to satisfy users in order to watch a wide variety of award-winning TV shows, movies, documentaries and more on thousands of internet-connected devices without a single blink of eye and commercial.
Talking about their working, they offer one month free trial and after that if you allow then they continue with membership on a month-to-month subscription which exactly began on the date of your sign up. The cancellation process is also easy as they put no fee to cancel or sign out a contract to use the service if you are not willing. One can easily cancel it anytime as it is available 24 hours a day.
What are their plans?
The membership comes under three plans according to your needs mentioned as follows;
• DVD Plan: Only US customers are eligible to opt for this service of adding up DVDs to their current streaming plan.
• Premium plan: This plan includes 4 screen plan HD/UHD 4K. In this one can view in High Definition (HD) and Ultra High Definition.
• Standard Plan: This is a 2 screen plan in HD.
• Basic plan: This includes one screen plan in Standard definition.
In the end, they have an extensive global content library of movies and TV shows turning it into the world’s 10th largest internet company by revenue in the world of entertainment.
