Unveiling the Mystery: Who REALLY Owns Netflix?
Who owns Netflix?

Netflix (NFLX -0.43%) is an on-demand subscription streaming service that's become a household name The company was launched in 2007, but its origins go back to 1997 as a DVD-by-mail movie rental service. Co-founder Reed Hastings has been quoted as saying the catalyst to to start the mail-based rental business was being fined by then-premier movie rental business Blockbuster for being late to return a film.

The company is one of the most popular global and U.S. streaming services, with a domestic market share of 22% as of mid-2024, neck-and-neck with Amazon (AMZN 1.47%) Prime services.

While the COVID-19 pandemic spurred a surge in growth for Netflix with millions staying at home for months, the subsequent rampant inflation and changes in consumer spending hit the streaming giant hard.

But Netflix looks to be steadily getting back on track. As of early 2024, Netflix had about 270 million paid members worldwide, a 16% increase from the same period the prior year. The company also generated revenue of $9.4 billion in the first quarter of 2024, up 15% from the prior-year period, with profits soaring almost 80% to $2.3 billion.

🔍 Who Owns Netflix? The Truth Revealed! 📺💸

Ever wondered who holds the reins behind the streaming giant Netflix? In this video, we dive deep into the ownership and key players who make Netflix the powerhouse it is today. From major investors to the original founders, we uncover all the secrets you need to know!

👀 Watch now to discover:

The top shareholders of Netflix 📈
Insights into Netflix’s business strategy 📊
How these key figures influence the streaming industry 🌐
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