Increasing its popularity day by day, Netflix, the platform for watching series and movies, occupies a large place in social media with the productions it broadcasts. in Turkey The platform, which has increased its activities in recent years, is very popular in our country as well as in other countries. So, whose Netflix is it?
Who owns Netflix? Who is in charge of this work?
Although many of us think that Netflix is a company that was founded with the spread of the internet in the world, the company was actually created by Marc Rondolph and Reed Hastings. in 1997 was established. Marc Rondolph was a marketing manager at Hastings’ company, Pure Atria. The duo met in this way, and later on, they signed up for bigger works and transferred Pure Atria to Rational Software. 700 million dollars sold it. Thus, they realized the biggest sale in Silicon Valley. The year they sold it, the idea for Netflix emerged.
Afterwards, the duo, who turned to the idea of leasing movies, first received an investment of 2.5 million dollars and entered the sector with a total capital of 16 million dollars. Netflix originally launched its operations in the United States. Selling and renting DVDs started. However, a year after the company was founded, it stopped selling DVDs because they wanted to focus on the DVD rental industry.
When they started selling on April 14, 1988, they had only 30 employees and 925 DVDs. Netflix introduced its monthly subscription system in 1999 and dropped its sole rental model. In this way, now 190The idea for the main Netflix subscription service, serving in over .
Trying to grow with DVD rentals by mail until 2007, the company entered the sector in which it would rise as of 2007. Online By offering the opportunity to watch movies, Netflix began providing international service in 2010 by expanding to Canada, then Latin America and the Caribbean. As a special content, he produced House of Cards in 2013 for the first time.
Then, Netflix, which entered our country in 2016, can now be used in all countries except China, Iran, Syria, North Korea, Russia and Crimea. As of April 2020, the company is worldwide 193 It has millions of users. The company, which borrowed heavily in 2016 and 2017 in order to serve the whole world, has the highest market value as of 2020. entertainment company it happened.
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