Netflix, Inc. operates as an Internet television network. The company’s network has approximately 44 million members in approximately 40 countries enjoying approximately 1 billion hours of TV shows and movies per month, including original series. Strategy The company’s core strategy is to improve its streaming subscription business in the U.S and internationally. Segments The company has three operating segments: Domestic Streaming, International Streaming and Domestic DVD. The Domestic and International Streaming segments derive revenues from monthly membership fees for services consisting solely of streaming content. The Domestic DVD segment derives revenues from monthly membership fees for services consisting solely of DVD-by-mail. Seasonality The company’s member growth exhibits a seasonal pattern that reflects variations when consumers buy Internet-connected devices and when they tend to increase their viewing. Its domestic member growth is generally greatest in its fourth and first quarters (October through March), slowing in its second quarter (April through June) and then accelerating in its third quarter (July through September). Significant Events Netflix has reached a deal with Comcast to ensure that its TV shows and movies are streamed smoothly to households. History Netflix, Inc. was founded in 1997. The company was incorporated in Delaware in 1997 and began operations in 1998.
(NFLX:Consolidated Issue Listed on NASDAQ Global Select )
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