Netflix

Sector: Communication Services

Industry: Entertainment

Netflix, Inc. is an American media-streaming and video-rental company founded in 1997 by Reed Hastings and Marc Randolph. Besides media streaming, the company is also involved in the production of original programming, known as Netflix Originals. It is headquartered in Los Gatos, California. Netflix’s subscriber count as of 2022 was 223 million. This consists of paying subscribers drawn from all over the globe, including the US and Canada, Europe, the Middle East and Africa, Latin America, and the Asia-Pacific region. Netflix programming can be watched via Web browsers or on smart TVs, set-top boxes connected to televisions, tablet computers, smartphones, and other digital media players. The company frequently ranks in the top 200 of the Fortune 500 and in 2022 was the second largest entertainment and media company by market capitalization.